Which of the Following Factors Is Most Likely Established Based

question 53

Multiple Choice

Which of the following factors is most likely established based on the results of prior audit examinations?

• A)Expected misstatement.
• B)Population size.
• C)Risk of incorrect acceptance.
• D)Tolerable misstatement.

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Definitions:

Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, comprising countries with diverse cultures, languages, and histories.

Asia

The world's largest and most populous continent, located primarily in the Eastern and Northern Hemispheres, it is known for its diverse cultures, languages, and economies.

Foreign Relations

The management and strategy involved in dealings and relationships between nations.

Great Britain

A sovereign nation located off the northwest coast of Europe, comprising England, Scotland, and Wales.