Which One of the Following Is a Proper Course of Action

question 54

Multiple Choice

Which one of the following is a proper course of action for the auditor when the total estimated misstatement exceeds the tolerable misstatement?

• A)The auditor can ask the client to correct the known misstatements.
• B)The auditor will analyze the detected misstatements for some common problems.
• C)The auditor can expand the sample.
• D)All of the above.

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Definitions:

Causal Relationship

A connection between two events where one directly causes the other to occur.

Alternate-form Reliability

The consistency of test scores across different versions of a test, assessing the same construct.

Reliability

The degree to which an assessment tool produces stable and consistent results over repeated applications.

Twin Study

A research method in behavioral genetics that compares the similarity between monozygotic (identical) and dizygotic (fraternal) twins to estimate the genetic contribution to traits and disorders.