An Audit Must Be Customized Each Year Because Inherent Risk

question 107

Multiple Choice

An audit must be customized each year because inherent risk factors for a client _______.

• A)will vary from year to year
• B)should be invariant throughout the industry
• C)should be fixed over time
• D)should be discussed with regulatory agencies

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Definitions:

Emotional Discomfort

Feelings of unease or distress stemming from a variety of sources, including psychological, social, or situational factors.

Diagnostic

Related to the identification of the nature or cause of a certain phenomenon, typically involving systematic analysis of symptoms or conditions.

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a standard classification of mental disorders used by mental health professionals.

Axis I Disorder

A classification used in previous versions of the DSM, referring primarily to mental disorders that are acute and typically symptomatic, such as mood disorders and anxiety disorders.