Which of the Following Would Be the Likely Risk Results

question 80

Multiple Choice

Which of the following would be the likely risk results from using a 1% level of detection risk?

• A)High detection risk and low audit risk.
• B)High detection risk and high audit risk.
• C)Low detection risk and high audit risk.
• D)Low detection risk and low audit risk.

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Definitions:

Charles Darwin

was an English naturalist, geologist, and biologist, best known for his contributions to the science of evolution and for his proposition of natural selection as a mechanism for evolution.

Naturalist

An individual who studies or has expertise in the field of natural history, focusing on the study of the natural world.

Beetles

Insects belonging to the order Coleoptera, characterized by their hard exoskeleton and forewings, known as elytra, that cover the flying wings.

SS Beagle

The ship on which Charles Darwin sailed during his voyage that contributed to the development of the theory of evolution.