When Brenda Discovered She Had a Low Risk Client with Low

question 64

Multiple Choice

When Brenda discovered she had a low risk client with low inherent risk and low control risk, how did she set her detection risk?

• A) low
• B) high
• C) medium
• D) detection risk is not related to inherent risk and control risk

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Definitions:

Medicaid

A social health care program for families and individuals with low income and limited resources in the United States.

Marginal Tax Rate

The rate at which the last dollar of a person's income is taxed, demonstrating how much tax the individual will pay on an additional dollar of income.

Taxable Income

The portion of an individual's or corporation's income that is subject to taxes by the government.

Taxes

Compulsory charges imposed on individuals or entities by governments used to fund public services and government obligations.