The Acceptable Risk of Assessing Control Risk Too Low (ARO)

question 101

Multiple Choice

The acceptable risk of assessing control risk too low (ARO) is a measure of the level of risk that:

• A) the auditor is willing to take.
• B) is predicted by the random number table.
• C) is predicted by the statistical frequency table.
• D) is generated as a result of the auditor's knowledge of the true population deviation rate.

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