Which of the Following Is NOT Part of the Four-Step

question 101

Multiple Choice

Which of the following is NOT part of the four-step approach used by auditors to reduce assessed control risk?

• A) Identify key controls that should reduce control risk for each transaction-related audit objective.
• B) Develop appropriate tests of controls for all internal controls that are used to reduce the preliminary assessment of control risk below maximum (key controls).
• C) Apply the transaction-related objectives to the class of transactions being tested.
• D) Perform analytical procedures on the transaction cycle tested.

---

Definitions:

Pepsin Activity

The process by which the enzyme pepsin breaks down proteins into smaller peptides, crucial for protein digestion in the stomach.

Optimal Ph

The specific pH value at which an enzyme or biochemical pathway operates with maximum efficiency.

Pepsinogen

A precursor enzyme secreted by the stomach, which is converted into pepsin for protein digestion.

Chief Cell

Specialized cells found in the lining of the stomach and parathyroid glands that produce and secrete digestive enzymes or parathyroid hormone.