Which of the following is a correct statement?
A)When internal controls are effective, control risk can be reduced, and therefore the auditor will decrease the ARIA.
B)There is a direct relationship between ARIA and the required sample size.
C)A lower control risk risk requires a lower ARO in testing the controls.
D)ARO measures the auditor's desired assurance for an account balance.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is a correct statement?
A)When internal controls are effective, control risk can be reduced, and therefore the auditor will decrease the ARIA.
B)There is a direct relationship between ARIA and the required sample size.
C)A lower control risk risk requires a lower ARO in testing the controls.
D)ARO measures the auditor's desired assurance for an account balance.

Which of the Following Is a Correct Statement