If the sample evidence does not support the planned level of control risk, the audit team could
Question:
a. Increase the assessed level of control risk.
b. Perform additional substantive procedures, reducing the necessary level of detection risk.
c. Expand the sample to achieve an observed upper limit rate of deviation less than the tolerable rate of deviation.
d. All of the above are acceptable.
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a Incorrect Increasing the assessed level of control risk is an appropri...View the full answer
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Related Book For 
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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