If the Sample Supports the Conclusion That the Recorded Account

question 15

Multiple Choice

If the sample supports the conclusion that the recorded account balance is materially misstated when it is actually not materially misstated, this is the:

• A) risk of assessing control risk too low.
• B) risk of assessing control risk too high.
• C) risk of incorrect acceptance.
• D) risk of incorrect rejection.

---

Definitions:

Selection Ratio

The ratio of the number of job openings to the number of applicants, indicating the level of competition for positions.

Applicants

Individuals who apply for a job or position within an organization.

Employment Interview

A formal meeting between a job applicant and employer to evaluate the applicant's qualifications and fit for a position.

Reference

An evaluation or recommendation provided by a previous employer or a professional acquaintance, vouching for a job seeker's qualifications and character.