amination - Trimester 3 2021 Trimester 3 2021 Final Onlf The auditor decides to increase the calculated level of control risk based on the results of the test of control. In order to achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor should: ion Select one: a. Increasing materiality levels. b. Decrease the likelihood of detection. c. Increasing inherent risk. d. Substantive testing can be reduced O O A O O C OBook
amination - Trimester 3 2021 Trimester 3 2021 Final Onlf The auditor decides to increase the calculated level of control risk based on the results of the test of control. In order to achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor should: ion Select one: a. Increasing materiality levels. b. Decrease the likelihood of detection. c. Increasing inherent risk. d. Substantive testing can be reduced O O A O O C OBook
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 39CYBK
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Transcribed Image Text:Examination - Trimester 3 2021 Trimester 3 2021 Final Online Ex
The auditor decides to increase the calculated level of control risk based
on the results of the test of control. In order to achieve an overall audit risk
level that is substantially the same as the planned audit risk level, the
auditor should:
estion
Select one:
a. Increasing materiality levels.
b. Decrease the likelihood of detection.
c. Increasing inherent risk.
d. Substantive testing can be reduced
TA O
SJS VivoBook
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