Which of the Following Is the Most Likely Outcome When

question 101

Multiple Choice

Which of the following is the most likely outcome when the upper limit rate of deviation is less than the tolerable rate of deviation?

• A)The auditor would be exposed to the risk of overreliance.
• B)The auditor would decide to reduce the planned degree of reliance on internal control.
• C)The auditor would increase the extent of further audit procedures.
• D)The auditor would be exposed to a potential efficiency loss.

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Definitions:

Amino Acids

Natural substances that merge to create proteins, acting as essential components of life with diverse roles in metabolic processes.

Polypeptide Chain

A sequence of amino acids linked by peptide bonds, forming the primary structure of proteins.

Cholesterol

A waxy, fat-like substance found in all cells of the body, which is necessary for making hormones, Vitamin D, and substances that help digest foods.

Prostaglandins

A group of physiologically active lipid compounds having diverse hormone-like effects in animals.