Based on the Results of Attributes Sampling,the Audit Team Assessed

question 88

Multiple Choice

Based on the results of attributes sampling,the audit team assessed control risk too low and did not modify the nature,timing,and extent of its further audit procedures to reduce detection risk.This situation would most likely result in a(n)

• A) higher level of audit risk than planned.
• B) lower level of inherent risk.
• C) greater efficiency loss.
• D) lower effectiveness loss.

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Definitions:

Patriarchy

A social system where males hold primary power, predominate in roles of political leadership, moral authority, social privilege, and control of property.

Cultural Norms

The shared expectations and rules that guide the behavior of people within social groups.

The Vertical Mosaic

A concept describing the structured social stratification and ethnic hierarchy in Canadian society.

Human Agency

The capacity of individuals to act independently and to make their own free choices, influencing their own lives and the society they live in.