Using the Acceptable Audit Risk Model,audit Risk Describes Targeted Assurance,while

question 56

Multiple Choice

Using the acceptable audit risk model,audit risk describes targeted assurance,while control risk and inherent risk are assessed based upon a variety of factors.Of the components of the audit risk model,which is most likely to be set to 100%?

• A)acceptable audit risk
• B)control risk
• C)detection risk
• D)inherent risk

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Definitions:

Skeletal

Pertaining to the bony framework of the body comprised of bones and joints, providing support and protection for soft tissues.

Muscular

Relating to or involving the muscles or the body's muscle system.

Hirsutism

A condition characterized by excessive growth of dark or coarse hair in women on areas of the body where hair is usually minimal or absent, often a symptom of underlying hormonal imbalance.

Nervous

Feeling anxious or apprehensive, often as a response to stress or an unfamiliar situation.