If the Deviations in the Sample Include More Deviations Than

question 50

Multiple Choice

If the deviations in the sample include more deviations than would be acceptable,the auditor would

• A)increase inherent risk
• B)increase audit risk
• C)increase control risk
• D)perform more test of controls
• E)perform more substantive procedures
• F)both A and B
• G)both C and E
• H)both D and E

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Definitions:

Indirect Compensation

Benefits provided to employees that are not included in direct salary, such as health insurance, retirement plans, and paid time off.

Employees' Paycheques

The periodic payments made to employees as compensation for their work, typically including details such as gross earnings, deductions, and net pay.

Internal Equity

The practice of ensuring that employees are compensated fairly in relation to one another within the same organization.

Employee Benefits and Services

Various types of non-wage compensation provided to employees in addition to their salaries or wages, such as health insurance, retirement plans, and paid time off.