On the Basis of Audit Evidence Gathered and Evaluated, an Auditor

question 31

Multiple Choice

On the basis of audit evidence gathered and evaluated, an auditor decides to increase the assessed level of control risk from that originally planned. To achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor would ________.

• A) decrease substantive testing
• B) decrease detection risk
• C) increase inherent risk
• D) increase materiality levels

---

Definitions:

Private Employment Agencies

Organizations that assist job seekers in finding employment and employers in filling vacancies, typically charging a fee for their services.

Social Media

Platforms that enable users to create and share content or participate in social networking.

Online Newsgroups

Internet-based forums where individuals can post messages and discuss specific topics or interests in a public or semi-public forum.

Flextime Policy

An employment strategy that allows employees to vary their work hours within agreed limits, promoting work-life balance.