If Acceptable Audit Risk Is Increased, Acceptable Risk of Incorrect

question 120

Multiple Choice

If acceptable audit risk is increased, acceptable risk of incorrect acceptance should be

• A) increased.
• B) reduced.
• C) unaffected.
• D) modified.

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Definitions:

Communication Problem

A barrier or obstacle in the process of exchanging information effectively between individuals or groups.

Cause

A factor or event that directly influences the occurrence of another event or situation.

Efficient Communication

The skill of conveying messages or information in a clear, direct, and effective manner, minimizing misunderstandings and maximizing understanding.

Problematic Vagueness

The characteristic of a word or expression having an imprecise meaning or unclear boundaries such that uncertainty about precisely what is included in that meaning or excluded from that meaning results in troublesome miscommunications in a given context or for a given purpose.