An auditor may decide to assess control risk at the maximum level for certain assertions because the

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An auditor may decide to assess control risk at the maximum level for certain assertions because the auditor believes

a. Sufficient evidential matter to support the assertions is likely to be available.

b. Evaluating the effectiveness of policies and procedures is inefficient.

c. More emphasis on tests of controls than substantive tests is warranted.

d. Considering the relationship of assertions to specific account balances is more efficient.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 07, 2024 02:01 AM

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Auditing An Assertions Approach

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