Auditor a Accepts a Client in an Industry Where Change

question 41

Multiple Choice

Auditor A accepts a client in an industry where change is constant and rapid. Such a client presents which type of risk:

• A) engagement risk.
• B) inherent risk.
• C) control risk.
• D) detection risk.

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Definitions:

Maltose

A sugar composed of two glucose molecules bonded together, commonly produced during the digestion of starch.

Carboxypeptidase

An enzyme that breaks down proteins by hydrolyzing the peptide bond at the carboxyl-terminal (C-terminal) end of the protein.

Pancreas

An organ in the digestive and endocrine system that produces several important hormones, including insulin, and enzymes to aid in digestion.

Peptidases

Enzymes that break down peptides into amino acids by cleaving the peptide bonds between amino acids.