Based on Audit Evidence Gathered and Evaluated, an Auditor Decides

question 42

Multiple Choice

Based on audit evidence gathered and evaluated, an auditor decides to increase the assessed level of control risk from that originally planned. To achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor would:

• A)decrease substantive testing.
• B)decrease detection risk.
• C)increase inherent risk.
• D)increase materiality levels.

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Definitions:

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, encompassing both natural and built environments.

Structural Functionalism

A viewpoint in sociology that views society as an intricate system in which its components cooperate to foster unity and steadiness.

Conflict Theory

A theory that views social life as a competition, focusing on the conflicts between groups over resources or power.

Macro-level Focus

is an analytical perspective in sociology that examines large-scale social processes and structures, overlooking individual behaviors to understand societal trends.