Which of the Following Is an Audit Procedure in Response

question 101

Multiple Choice

Which of the following is an audit procedure in response to assessed risks?

• A)Making changes to the nature, timing, or extent of audit procedures to obtain more persuasive evidence
• B)Developing an understanding of the entity's control environment
• C)Designing and implementing appropriate responses to financial statements
• D)Changing the recalculating procedures applied in financial statements

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Definitions:

Some Ability

A nonspecific level of competence or skill in a certain area, indicating that an individual has a certain level of capability but it is not quantified.

Low In Competence

Describes an individual or entity that lacks the necessary skills, knowledge, or ability to perform effectively.

High In Commitment

Being high in commitment indicates a strong dedication and loyalty towards an organization, cause, or set of goals, often leading to higher productivity and morale.

Developmental Continuum

A concept representing the progressive stages of development or advancement in skills, knowledge, or organizational growth.