
Auditing and Assurance Services 1st Edition by Iris Stuart
Edition 1ISBN: 978-0073404004
Auditing and Assurance Services 1st Edition by Iris Stuart
Edition 1ISBN: 978-0073404004 Exercise 27
While performing a test of details during an audit, the auditors determined that the sample results supported the conclusion that the recorded account balance was materially misstated. This situation indicates the risk of a. Incorrect rejection.
B) Incorrect acceptance.
C) Assessing control risk too low.
D) Assessing control risk too high.
B) Incorrect acceptance.
C) Assessing control risk too low.
D) Assessing control risk too high.
Explanation
The substantive test is used by the audi...
Auditing and Assurance Services 1st Edition by Iris Stuart
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255