Question 45 As the acceptable level of detection risk decreases, an auditor may change the Group of answer choices Timing of substantive tests by performing them at an interim date rather than at year end. Nature of substantive tests from a less effective to a more effective procedure. Timing of tests of controls by performing them at several dates rather than at one time. Assessed level of inherent risk to a higher amount.
Question 45 As the acceptable level of detection risk decreases, an auditor may change the Group of answer choices Timing of substantive tests by performing them at an interim date rather than at year end. Nature of substantive tests from a less effective to a more effective procedure. Timing of tests of controls by performing them at several dates rather than at one time. Assessed level of inherent risk to a higher amount.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 45
As the acceptable level of detection risk decreases, an auditor may change the
Group of answer choices
Timing of substantive tests by performing them at an interim date rather than at year end.
Nature of substantive tests from a less effective to a more effective procedure.
Timing of tests of controls by performing them at several dates rather than at one time.
Assessed level of inherent risk to a higher amount.
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