When Business Risk Is Low,the Auditor Does Not Have a High

question 90

True/False

When business risk is low,the auditor does not have a high degree of concern about the ability of the organization to operate effectively or profitably.

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Definitions:

Economic Question

A query that seeks to understand how scarce resources are allocated, such as what to produce, how to produce it, and for whom to produce.

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Shift AA to BA

Moving from one economic point or position (AA) to another (BA), indicating a change in an economic condition or policy impact.

Technological Improvement

The innovation or development of new techniques, methods, or devices that increase productivity and efficiency in processes or products.