Each of the Following Might,by Itself,form a Valid Basis for an Auditor

question 52

Multiple Choice

Each of the following might,by itself,form a valid basis for an auditor to reduce substantive testing except for the:

• A) Difficulty and expense involved in testing a particular item.
• B) Assessment of control risk at a low level.
• C) Low inherent risk involved.
• D) Relationship between the cost of obtaining evidence and its usefulness.

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Definitions:

IUPAC Name

The systematic naming of chemical compounds as per the rules set by the International Union of Pure and Applied Chemistry.

IUPAC Name

The standard naming convention for chemical compounds, as defined by the International Union of Pure and Applied Chemistry.

β-methoxybutyraldehyde

An organic compound, specifically an aldehyde with a methoxy group in the beta position relative to the aldehyde function.

Methoxy

A functional group characterized by the presence of an oxygen atom bonded to a methyl group (-OCH3).