The Audit Strategy for a Client with High Inherent Risk

question 50

Multiple Choice

The audit strategy for a client with high inherent risk and high control risk will include

• A) no or very limited tests of controls.
• B) decreased reliance on substantive tests.
• C) increased testing of controls.
• D) increased reliance on controls.

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Definitions:

Blindness

is the condition of lacking visual perception due to physiological or neurological factors.

Sugar Low

A condition characterized by a below-normal level of blood glucose, often leading to symptoms like dizziness, sweating, and confusion.

Slurred Speech

An impairment in speech articulation evidenced by speaking with a disjointed or unclear pronunciation, often indicative of neurological issues or intoxication.