If, When Obtaining an Understanding of Control Activities of a Relatively

question 91

True/False

If, when obtaining an understanding of control activities of a relatively small client, the auditor identified no control activities, the auditor would probably set a low assessment of control risk.

---

Definitions:

Age of Flowering Plants

A reference to the Cretaceous period, when flowering plants (angiosperms) rapidly diversified and became dominant on Earth.

Molecular Reproduction

The process by which molecules create copies of themselves, fundamental to biological replication and cell division.

Electronegativity

A measure of an atom’s attraction for electrons.

Covalent Bonding

A chemical bond that involves the sharing of electron pairs between atoms, stabilizing them and making the atoms bound together in a molecule.