In an Audit Strategy, the First Step Is to Identify

question 165

Multiple Choice

In an audit strategy, the first step is to identify ________ risks during the ________ phase.

• A)inherent; risk assessment
• B)detection; risk response
• C)significant; reporting
• D)control; risk response

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Definitions:

Transcription

The process of copying a segment of DNA into RNA.

RNA Polymerases

Enzymes that synthesize RNA molecules from a DNA template during the process of transcription, key to gene expression.

Translation

The biological process of synthesizing proteins from messenger RNA sequences in the ribosomes.

tRNA Triplet

A trio of nucleotides in transfer RNA that matches a complementary codon in messenger RNA during the formation of proteins.