The risk model is defined as AR = IR x CR x DR.The risk of assessing control risk too low can lead to:
A)The auditor performing more work than needed, thus wasting resources.
B)The auditor failing to do additional work that should be done.
C)Poor choice of procedures.
D)Expanding sample sizes required for statistical sampling of account balances.

Question

Quizplus · Accepted Answer

If the control risk is assessed too low, the auditor may not perform sufficient additional work, potentially missing material misstatements.

The Risk Model Is Defined as AR = IR X