Which of the Following Factors Would Lead an Auditor to Assess

question 36

Multiple Choice

Which of the following factors would lead an auditor to assess inherent risk at a higher level?

• A)The account balance is easily determined without estimation.
• B)The account balance is composed of a high volume of nonroutine transactions.
• C)The account balance is composed of simple transactions.
• D)All of the above would lead the auditor to assess a higher level of inherent risk.

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Definitions:

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Complicating Health Challenge

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