The Audit Risk Model That Must Be Used for Planning

question 40

True/False

The audit risk model that must be used for planning audit procedures and evaluating audit results is:
= AAR

---

Definitions:

Difference

What remains after one quantity is taken away from another.

Expression

In mathematics, an expression is a combination of symbols that represent a value or the relationship between values.

X

Often used to denote an independent variable or an unknown value in equations and functions.

Polynomial

An algebraic expression consisting of terms in the form of ax^n where a is the coefficient, x is the variable, and n is a non-negative integer.