If Inherent Risk and Control Risk Are Both Assessed as Low

question 28

Multiple Choice

If inherent risk and control risk are both assessed as low, detection risk will be:

• A) low.
• B) high.
• C) the same as audit risk.
• D) medium.

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Definitions:

Electrons

Negatively charged subatomic particles that orbit the nucleus of an atom.

Microelectrodes

Small electrodes used to record electrical activity or deliver electrical stimulation in biological tissue.

Giant Axons

Unusually large nerve fibers that facilitate rapid transmission of electrical impulses, especially notable in specific animal species.

Squid

A cephalopod mollusk known for its elongated body, large eyes, and extraordinary ability to rapidly change color and texture.