The Public Company Accounting Oversight Board States That Reasonable Assurance

question 115

Multiple Choice

The Public Company Accounting Oversight Board states that reasonable assurance allows a:

• A) small likelihood of ineffective internal controls.
• B) remote likelihood that material misstatements will not be prevented or detected by internal control.
• C) likelihood that material misstatements will not be prevented or detected by internal control.
• D) high likelihood that material misstatements will not be prevented or detected by internal control.

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Definitions:

Surgical Removal

A medical procedure involving the excision of an organ, tissue, or tumor from the body to treat a disease or condition.

Environmental Pollutants

Substances introduced into the environment that cause harm or discomfort to the ecosystem or living organisms, including chemicals, noise, heat, or light.

World Health Organization

A specialized agency of the United Nations responsible for international public health, working to combat diseases and promote general health globally.

Genetic Factors

Elements within an organism's genetic makeup that influence its physical traits, behaviors, and susceptibility to certain diseases.