are controls that do not rely on the client's information technology (IT) environment for their operation. A. Automated controls B. Manual controls c. Computer application controls D. IT general controls (ITGCs)If the auditor determines that an internal control deficiency is either a significant deficiency or a control deficiency, the auditor will issue a/an on internal controls over financial reporting (ICFR) O A. adverse opinion O B. unqualified opinion O c. unmodified opinion O D. modified opinionWhat does COSO define as a process effected by an entity's board of directors, management, and other personnel, designed to provide reasonable assurance regarding the achievement of the objectives related to operations, reporting and compliance? O A. Risk assessment O B. Financial Reporting O c. Compliance O D. Internal controlA deficiency in an operation exists when an improperly designed control does not operate as designed or the person performing A. the control possesses the necessary authority or competence to perform the control effectively a properly designed control does not operate as designed or the person performing the OB. control does not possess the necessary authority or competence to perform the control effectively properly designed control operates as designed and the person performing the control possesses the necessary authority or competence to perform the control effectively O D it has become clear to the auditor that performance of the operation creates significant risk that a material misstatement will not be detected by the client systemWhat do auditors consider when determining the extent to which the internal auditors' work will affect the auditors' procedures? Only the risk of material misstatement of the assertions related to the account balance, A transaction, or disclosure and the amount of subjectivity involved in evaluating evidence gathered. The materiality of the account balance or transaction, the risk of material misstatement B. of the assertions, and the amount of subjectivity involved in evaluating the evidence gathered. c. Only the amount of subjectivity involved in evaluating the evidence gathered. OD. Only the materiality of the account balance or transaction and the risk of material misstatement of the assertions.The greater the amount of difference between tolerable deviation rate and expected deviation rate, O A. the smaller the sample size O B. the lower any statistical variance should be O c. the smaller the population being sampled should be O D. the larger the sample sizeWhen perlonnlng audit data analytics {ADA} as a risk assessment procedure, Q A1113 auditor is yet to obtain an understanding of the entity and its environment (3. a the auditor should contact the prior auditor for assistance with this procedure (3. C. the auditor will have rst obtained an understanding of the entity and its environment D the auditor will wort: closely with client management to confirm which risk assessment D 'procedures they would prefer the auditor conduct Which of the following should be done by the auditor if tests of controls indicate that a key control is not functioning as designed? O A. Rely on external controls O B. Increase the assessed level of control risk O C. Increase the level of assessed detection risk OD. Increase the assessed level of inherent riskWhen the auditor is performing audft date analytics {ADA} as a substantive test of details of a population of transactions or balances, A the auditor is yet to evaluate inherent risk but has likely performed tests of controls to O 'assess control risk Q s. the auditor has not yet assessed either control or inherent risk I: the auditor will have eyaluated inherent risk and will likely have performed tests of 'controls to assess control risk D the auditor will have eyaluated inherent risk, but not yet performed tests of controls to 'assess control risk Auditors define risk assessment procedures as audit procedures performed to obtain an understanding of the auditor and its O A. environment, including the entity's internal control, to identify and assess the risk of material misstatement at the financial statement level and relevant assertion levels, whether due to error or fraud audit procedures performed to obtain an understanding of the entity and its O B. environment, including the entity's internal control, to identify and assess the risk of material misstatement, at the financial statement level and relevant assertion levels - whether due to error or fraud O C. any procedure that involves international currency transactions any procedure that was performed by the prior auditor, which is repeated by the current auditor