Under the Audit Risk Approach Which of the Following Is

question 81

Multiple Choice

Under the audit risk approach which of the following is not a method used by the auditor to manage detection and audit risk?

• A)Adjusting audit staffing to reflect the risk associated with the client.
• B)Developing direct tests of account balances consistent with the detection risk.
• C)Anticipating potential misstatements or accounting problems likely to be associated with account balances.
• D)Adjusting the timing of audit tests to maximize overall audit risk.

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