Which of the Following Is least likely to Be Considered

question 25

Multiple Choice

Which of the following is least likely to be considered a financial statement audit risk factor?

• A)Management operating and financing decisions are dominated by top management.
• B)A new client with no prior audit history.
• C)Rate of change in the entity's industry is rapid.
• D)Profitability of the entity relative to its industry is inconsistent.

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Definitions:

Muscle Contraction

The process of generating tension within muscle fibers, leading to movement or force generation, a critical function for movement and stability.

ATP

Adenosine triphosphate, a molecule that carries energy within cells.

Carbon Dioxide

An invisible and scentless gas generated from the combustion of carbon-based substances and organic compounds, as well as from breathing processes, that is taken in by plants for photosynthesis.

Lactate

A byproduct of anaerobic metabolism, commonly produced in muscles during intense exercise, and used as an energy source.