The Risk of Incorrect Acceptance (RIA)

question 37

Multiple Choice

the risk of incorrect acceptance (RIA) .Which of the following is true about RIR and RIA?

• A)RIR is of greater concern to the auditor than the RIA.
• B)RIA is of greater concern to the auditor than the RIR.
• C)RIA and the RIR are of equal importance to the auditor.
• D)Neither the RIR nor the RIA need be considered by the auditor.

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Definitions:

Email

Email, or electronic mail, is a method of exchanging messages between people using electronic devices, widely used for both personal and professional communication.

Time Zones

Geographical regions around the world that observe a uniform standard time for legal, commercial, and social purposes.

Electronic Communication

refers to the transmission of information using electronic means such as email, social media, and text messaging.

Employees

Individuals who are hired by organizations or businesses to perform specific jobs in exchange for compensation, forming part of the workforce.