Taylor LaRussa,an Audit Manager,considered the Control Risk Assessments Listed in the Left

question 82

Multiple Choice

Taylor LaRussa,an audit manager,considered the control risk assessments listed in the left column of the following table in evaluating
A. Cardinal's internal control over sales transactions. The sample sizes for the substantive procedures of the customer accounts receivable are shown to the right of each control risk. What risk of overreliance (ROO) could be assigned for tests of controls at each control risk level?

• A) From top to bottom: 5%, 10%, 1%.
• B) From top to bottom: 10%, 1%, 5%.
• C) From top to bottom: 1%, 10%, 5%.
• D) From top to bottom: 1%, 5%, 10%.

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Definitions:

Child Care

The care and supervision of a child or multiple children at a time, which includes educational, cultural, and social development activities.

Benjamin Spock

was an American pediatrician whose book "The Common Sense Book of Baby and Child Care" revolutionized child-rearing practices in the mid-20th century.

Modern Family

Describes contemporary family units that may differ from traditional structures, including single-parent families, homosexual parents, and blended families.

Companionate Family

pertains to a family model based on deep affection, friendship, and mutual respect, rather than solely on romantic love or traditional duty.