As a Result of Tests of Controls,an Auditor Assessed Control

question 79

Multiple Choice

As a result of tests of controls,an auditor assessed control risk too low and decreased substantive procedures.This assessment occurred because the true deviation rate in the population was:

• A)More than the risk of overreliance based on the auditor's sample.
• B)More than the deviation rate in the auditor's sample.
• C)Less than the risk of overreliance based on the auditor's sample.
• D)Less than the deviation rate in the auditor's sample.

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Definitions:

Postmodern World

An era characterized by skepticism towards grand narratives and ideologies, focusing on diversity and plurality.

Disorienting Efforts

Actions or strategies aimed at creating confusion or uncertainty, often used in political, social, or artistic contexts to challenge established norms and perceptions.

Critique

A detailed analysis and assessment of something, especially a literary, philosophical, or political theory.

Postmodernism

An intellectual stance or mode of discourse defined by an attitude of skepticism toward what it describes as the grand narratives and ideologies of modernism, emphasizing plurality, ambiguity, and diversity.