When the Audit Team Increases the Planned Assessed Level of Control

question 31

Multiple Choice

When the audit team increases the planned assessed level of control risk because certain control activities were determined to be ineffective,the audit team would most likely increase the

• A) Extent of substantive tests of details.
• B) Level of inherent risk.
• C) Extent of tests of controls.
• D) Level of detection risk.

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Definitions:

Tommy Douglas

A Canadian social-democratic politician known as the father of Medicare in Canada for his role in the introduction of publicly funded health care.

Active Baptism

A religious ceremony signifying spiritual cleansing and admission to a Christian church, often involving immersion in water.

Tenets of the Faith

Fundamental beliefs or principles that are held as true by members of a particular religion or faith system.

Catechist

An instructor of the principles of Christian religion, especially one using a catechism to teach.