The Conclusion Reached as a Result of Assessing Control Risk

question 62

Multiple Choice

The conclusion reached as a result of assessing control risk is referred to as the:

• A)assurance provided by internal control.
• B)determined level of acceptable detection risk.
• C)product of the understanding of internal control.
• D)assessed level of control risk.

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Definitions:

Proximity

Refers to being near or close to something or someone, often implying a relationship influenced by physical or emotional closeness.

Similarity

A principle in psychology that items that are similar in some aspect are more likely to be grouped together in the perceptual process.

Common Fate

A principle of Gestalt psychology where individuals tend to perceive elements as part of a group if they move together in the same direction.

Linear Perspective

A system of creating an illusion of depth on a flat surface by converging parallel lines at a single point on the horizon.