If the upper limit on misstatements exceeds tolerable misstatement, the auditor is least likely to
A) Increase sample size.
B) Conduct other substantive procedures.
C) Adjust the account balance.
D) Increase the risk of incorrect rejection.

Question

Quizplus · Accepted Answer

Increasing the risk of incorrect rejection is not a corrective action; it is a risk that the auditor seeks to minimize, not increase.

If the Upper Limit on Misstatements Exceeds Tolerable Misstatement, the Auditor