When Would Auditors Increase the Amount of Detailed Audit Procedures

question 90

Multiple Choice

When would auditors increase the amount of detailed audit procedures used to test the year-end account balances and transactions from throughout the year?

• A)When the detection risk is low
• B)When the inherent risk is low
• C)When the control risk is low
• D)When the inherent risk in high

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Definitions:

Muslim Extremists

Individuals holding radical interpretations of Islam, advocating or engaging in political or violent actions considered extreme.

Just-World Phenomenon

The cognitive bias to believe that the world is inherently fair and people get what they deserve.

Enslaved People

Enslaved people refers to individuals who are forced to work without freedom or personal rights, typically under harsh conditions, historically or in modern contexts.

Outgroup Homogeneity

The perception that members of a group different from one's own are more similar to each other than are members of one's ingroup.