Control Risk Is

question 108

Multiple Choice

Control risk is

• A) the probability that the auditor will render an unqualified opinion on financial statements that are materially misstated
• B) associated with the unique characteristics of the business or industry of the client
• C) the likelihood that the control structure is flawed because controls are either absent or inadequate to prevent or detect errors in the accounts
• D) the risk that auditors are willing to take that errors not detected or prevented by the control structure will also not be detected by the auditor

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Definitions:

Ecofeminists

Activists and scholars who combine ecological concerns with feminist perspectives, emphasizing the connection between the exploitation of nature and the oppression of women.

Oppression

The exercise of authority or power in a burdensome, cruel, or unjust manner.

Voluntary Simplicity

A lifestyle choice aimed at reducing one's use of and reliance on consumer products and services, in favour of more sustainable and self-sufficient living.

Environmentally Ethical

Acting with consideration for the environmental impact of one's decisions and actions, aiming to reduce harm to the natural world.