Your Client,Macilbink Ltd

question 29

Multiple Choice

Your client,Macilbink Ltd. ,manufactures calendars,books,and magazines.The printing presses that they use are only three years old,yet new technology has been developed that would result in cuts in ink and electricity costs by over 20%,while simplifying the setup process,making smaller production runs more feasible.Macilbink Ltd.is facing lowered demand for its products and will need to change direction or innovate to stay in business.The effect of the new printing technology has resulted in which of the following risk assessment changes by Macilbink Ltd.'s auditors?

• A)decreased control risk
• B)increased control risk
• C)decreased client business risk
• D)increased client business risk

---

Definitions:

BDI-II

The Beck Depression Inventory-II, a widely used 21-item self-report inventory measuring the severity of depression.

Convergent Validity

The degree to which two measures of constructs that theoretically should be related, are in fact related.

Myers Briggs

A personality inventory based on Carl Jung's theories, categorizing individuals into 16 different personality types based on preferences in how they perceive the world and make decisions.

Psychological Types

A concept introduced by Carl Jung that categorizes individuals based on their preferences in processing information, making decisions, and energizing.