When Auditors Conclude That an Internal Control Is Effective,they Will

question 20

True/False

When auditors conclude that an internal control is effective,they will rely on the control to prevent and detect a material misstatement and reduce their detailed substantive procedures.

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Definitions:

Pinocytosis

A form of endocytosis where cells ingest extracellular fluid and its dissolved contents.

Facilitated Diffusion

The process of spontaneous passive transport of molecules or ions across a biological membrane via specific transmembrane integral proteins.

Active Exocytosis

Active exocytosis is a cellular process where substances are expelled from a cell, requiring energy for vesicles to fuse with the plasma membrane.

Chromatid

Each of the two strands of a replicated chromosome, which are joined at the centromere before cell division.