All Other Factors Held Constant,if the Auditor Decreases Acceptable Audit

question 15

Multiple Choice

All other factors held constant,if the auditor decreases acceptable audit risk then

• A)there will be less documentation in the audit file.
• B)total audit evidence and audit costs will increase.
• C)it will also be necessary to decrease either control risk or inherent risk.
• D)less supervision of the audit team will be required.

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Definitions:

Realistic Job Preview

An informational session or material given to prospective employees that accurately represents the positive and negative aspects of a job.

Collective Socialization

The process by which a group learns and assimilates shared norms, values, and practices.

Marine Corps Boot Camp

An intensive training program designed to teach recruits the physical, mental, and emotional skills necessary for service in the United States Marine Corps.

Encourage Individuality

Creating an environment where differences are celebrated, and employees are motivated to express their unique skills and perspectives.