Which of the Following Items Is Not One of the Seven

question 27

Multiple Choice

Which of the following items is not one of the seven key steps in performing risk assessment procedures?

• A) Develop preliminary audit strategies for significant assertions.
• B) Consider audit risk, including the risk of fraud.
• C) Test the entity's system of internal control.
• D) Make preliminary judgments about materiality.
• E) Obtain an understanding of the entity and its environment.

---

Definitions:

Cultural Feminism

A branch of feminism focusing on the difference between women and men and valuing women's unique contributions and experiences in society.

Cognitive Ability

Refers to the mental capacity for processing information, applying knowledge, and solving problems.

Similar

Having a resemblance in appearance, character, or quantity, without being identical.

Dissimilar

Lacking similarity or being distinctly different in nature, form, or quality.