The risk associated with inefficient use of inputs or over-provision of services is ⚫ A. An actuarial risk. B. A utilization risk. C. A cost risk. D. A financial risk
The risk associated with inefficient use of inputs or over-provision of services is ⚫ A. An actuarial risk. B. A utilization risk. C. A cost risk. D. A financial risk
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
Chapter7: Planning The Audit: Identifying, Assessing, And Responding To The Risk Of Material Misstatement
Section: Chapter Questions
Problem 7CYBK
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Transcribed Image Text:The risk associated with inefficient use of inputs or over-provision of services is ⚫ A. An actuarial
risk • B. A utilization risk⚫ C. A cost risk. D. A financial risk
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