When an Auditor Decides on a Higher Acceptable Audit Risk

question 92

True/False

When an auditor decides on a higher acceptable audit risk, the auditor wants to be certain the accounts are not materially misstated.

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Definitions:

Data Type

Categorizes the different types of data that can be processed by a computer, such as integers, floating-point numbers, and characters.

Numbers

Entities that are used in mathematics and computing to perform various operations, representing quantities or values.

Addresses

References or locations in computer memory that allow data to be uniquely identified and accessed.