Which of the Following Audit Risk Components May Be Assessed

question 45

Multiple Choice

Which of the following audit risk components may be assessed in non-quantitative terms? Control risk
Detection risk
Inherent risk

• A) Yes
• Yes
• Yes
• B) Yes
• No
• Yes
• C) Yes
• Yes
• No
• D) No
• Yes
• Yes

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Definitions:

Behavioral Patterns

Repetitive actions or reactions exhibited by individuals often in response to certain stimuli or conditions, which can be common among specific groups or species.

Cultural Behavior

Actions and practices that are learned and shared within a culture, often reflecting the values and norms of that culture.

Physical Differences

The variations in bodily characteristics among individuals or groups, including aspects like height, skin color, facial features, and genetic traits.

Ancient Skeletons

The remains of humans from past civilizations or epochs, which archaeologists and anthropologists study to understand human evolution, lifestyle, and history.