California State University Northridge American Institute of CPAs Question

User Generated

Unfgv

Business Finance

California state university Northridge

Description

  • The risk of assessing control risk to low:
    1. Needs to be equal to the risk of assessing control risk too high.
    2. Is of greater concern to the auditor than the risk of assessing control risk too high.
    3. Only applies to statistical sampling.
    4. 1 and 3 only.

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Anonymous
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