Deciding that internal controls are not effective when they in fact they are is an example of assessing control risk too low.

Question

Quizplus · Accepted Answer

Deciding that internal controls are not effective when they actually are would indicate assessing control risk too high, not low. Assessing control risk too low would mean underestimating the risk of material misstatements and not implementing adequate internal controls.

Deciding That Internal Controls Are Not Effective When They in Fact