Question: q, Multiple Choice 2 pointsThe auditor uses the assessed level of risk of material misstatement to determine the acceptable level of detection risk for fruncial
q, Multiple Choice 2 pointsThe auditor uses the assessed level of risk of material misstatement to determine the acceptable level of detection risk for fruncial statement assertions. As the accretable level of defection risk decreases, the auditor may do one or more of the following except change the:assurances provided by substantive tests to a lower level.extent of substantive tests, such as using larger sample sizes.timing of substantive tests, such as performing them at year-end rather than at an interim date.nature of substantive tests to more effective procedures.Clear my selection
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