Inadequate risk assessment would have the strongest negative impact in which of the following phases of an audit engagement?
A) Determining the scope.
B) Reviewing internal controls.
C) Testing.
D) Evaluating findings.

Question

Quizplus · Accepted Answer

Inadequate risk assessment would most strongly impact the determination of the audit scope, as it guides the entire audit process, including which areas to focus on and the extent of testing required.

Inadequate Risk Assessment Would Have the Strongest Negative Impact in Which