Explain the causes of an increased or decreased planned detection risk.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
An increase in planned detection risk may be caused by an ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
Question Posted:
Students also viewed these Auditing questions
-
Explain the causes of pituitary dwarfism and gigantism.
-
Explain the causes of information risk and how users can reduce the risk.
-
Explain the causes of the global financial and economic crisis that started in the U.S. in 2007. What effect did it have on the global economy? How did the global economy recover? What kind of fiscal...
-
Determine whether the given set of matrices under the specified operation, matrix addition or multiplication, is a group. Recall that a diagonal matrix is a square matrix whose only nonzero entries...
-
Let A and B be invertible n n matrices. Evaluate: det(A-1B-1AB)
-
Question Two students were observing bacteria using two slides that were duplicates of each other. Student A saw 10 bacteria while student B saw 50 bacteria using identical microscopes. a). Suggest a...
-
For each of the following situations, calculate a \(95 \%\) confidence interval for the mean ( \(\sigma\) known), beginning with the step, "Identify the critical value of \(z\)." X = 7.00, o Xe =...
-
A hair dryer may be idealized as a circular duct through which a small fan draws ambient air and within which the air is heated as it flows over a coiled electric resistance wire. Surroundings, Tur...
-
A 7 5 kg cliff - diver is falls from a height through the air head, diving towards the water. The drag coefficient for the diver is 0 . 8 3 and the area of the descending diver is 0 . 2 1 m ^ 2 ....
-
Rolston Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, Rolston would have 265,000 shares of stock outstanding....
-
What is meant by planned detection risk? What is the effect on the amount of evidence the auditor must accumulate when planned detection risk is increased from medium to high?
-
Define what is meant by inherent risk. Identify four factors that make for high inherent risk in audits.
-
Per IIA Standards, internal audit functions are required to evaluate and contribute to the improvement of their organizations governance, risk management, and control processes. a. Provide several...
-
what ways do landscape connectivity and habitat fragmentation impact gene flow and population dynamics, and what strategies can be employed to mitigate the negative effects on biodiversity?
-
How do trophic cascades influence ecosystem stability and resilience, and what are the implications for biodiversity conservation ?
-
Give the brief history of each model listed below and also include the researchers of the original model and the year respective model was introduces. Provide explanation and three scholarly...
-
In the short run, demand may be very different from, and fall short of potential supply (production + inventories). Such mismatches can be addressed by producing less, lowering prices, advertising or...
-
Create company policy that allows the same number of holidays per year for each employee assuring that all required stats in each jurisdiction are given. How many days off would all employees receive...
-
Which of the following interfaces must an activatable remote objects class implement? (a) DoActivate (b) Activate (c) Activable (d) Activatable
-
What types of questions can be answered by analyzing financial statements?
-
What is the name of the strategy of developing new product offerings for existing markets?
-
As highlighted in Auditing in Action 9-3, the 2016 survey of the International Forum of Independent Audit Regulators found that internal control testing is consistently an area where audit work is...
-
Jebrah Manufacturing Limited (JML) is a small company with about 50 employees. It has a local area network, production systems software, timekeeping software, and accounting systems. These are all...
-
Based upon the case facts, indicate whether the type of control risk?pervasive risk (impacts entire financial statements) or a risk at the assertion level (if so, which account and assertions are...
-
Draw the shear diagram for the beam. Set P = 600 lb, a = 5 ft, b = 7 ft. Draw the moment diagram for the beam.
-
Ahmed, Bassem and Jamal are partners in Tadamon Company who share profits and losses at a ratio of 2 : 2 : 4 respectively. On 1 / 1 / 2 0 2 2 , it was decided to liquidate the company, and the...
-
Draw the shear diagram for the beam. Follow the sign convention. Draw the moment diagram for the beam. Follow the sign convention.
Study smarter with the SolutionInn App