Which of the Following Activities Is Least Likely to Result

question 11

Multiple Choice

Which of the following activities is least likely to result in the audit team's exposure to sampling risk?

• A)Identifying all components of a client's accounts receivable balance.
• B)Determining the appropriate number of components of a client's accounts receivable balance for confirmation.
• C)Selecting components of a client's accounts receivable balance for confirmation.
• D)Evaluating confirmations returned from the client's customers and following up on any discrepancies noted by the customers.

---

Definitions:

Ethnocentric Subculture

A subgroup within a society that holds its own culture, values, and practices as superior to those of the larger society or other groups.

Subcultures

Groups within a larger culture that differentiate themselves through distinct norms, values, and interests.

Work Teams

Groups of individuals who collaborate to achieve a common goal, often within a professional context, leveraging diverse skills and communication.

Similar Values

Refers to values or principles that are shared between individuals, groups, or organizations, which often serve as a foundation for collaboration or mutual understanding.