The Audit Strategy for a Client with High Inherent Risk

question 50

Multiple Choice

The audit strategy for a client with high inherent risk and high control risk will include

• A) no or very limited tests of controls.
• B) decreased reliance on substantive tests.
• C) increased testing of controls.
• D) increased reliance on controls.

---

Definitions:

"Date Rape" Drug

Substances that are sometimes used to facilitate sexual assault by incapacitating the victim, making them unable to consent or resist.

Endorphins

Natural, pain-relieving chemicals produced by the body that also contribute to feelings of pleasure and well-being.

Synaptic Receptors

Proteins located on cell surfaces in the nervous system that receive chemical signals and initiate a response in the receiving neuron.

Serotonin

A neurotransmitter that contributes to feelings of well-being and happiness, also involved in the regulation of numerous physiological processes.