As the Acceptable Level of Detection Risk Decreases, an Auditor

question 705

Multiple Choice

As the acceptable level of detection risk decreases, an auditor may:

• A) Reduce substantive testing by relying on the assessments of inherent risk and control risk.
• B) Postpone the planned timing of substantive tests from interim dates to the year-end.
• C) Eliminate the assessed level of inherent risk from consideration as a planning factor.
• D) Lower the assessed level of control risk.

---

Definitions:

Screened

The process of evaluating or testing for the presence of a disease, condition, or substance.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to AIDS if not treated.

Gout Screening

The process of evaluating the presence of gout, a form of inflammatory arthritis characterized by high levels of uric acid in the blood.

Natural Family Planning

A method of birth control that involves tracking fertility signs to prevent or achieve pregnancy without the use of pharmaceutical or barrier methods.