When the Auditor Concludes That the Account Balance Is Not

question 39

Multiple Choice

When the auditor concludes that the account balance is not materially misstated when,in fact,it is materially misstated,the auditor has committed the

• A) risk of assessing control risk too high.
• B) risk of assessing control risk too low.
• C) risk of incorrect acceptance.
• D) risk of incorrect rejection.

---

Definitions:

Psychiatric Disorder

A mental illness diagnosed by a medical or mental health professional that significantly interferes with an individual's cognitive, emotional, or social abilities.

American Psychiatric Association

A professional organization of psychiatrists aimed at advancing the study, prevention, and treatment of mental illnesses.

Phrenologists

Pseudoscientific practitioners who believed that the shape and size of the cranium could predict personality traits, character, and mental abilities.

Medieval Doctors

Healthcare practitioners in the Middle Ages who often relied on a mixture of religious beliefs, superstition, and early medical practices to treat patients.