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c. Based on evidence gathered and evaluated, an auditor decides to increase the assessed level of control risk from that originally planned. To achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor could(1) decrease detection risk.(2) increase materiality levels.(3) decrease substantive testing.(4) increase inherent risk.10-30 (Objectives 10-1, 10-2, 10-7) The following are general questions about internal control. Choose the best response.a. When considering internal control, an auditor must be aware of the concept of reasonable assurance, which recognizes that theb. Actions, policies, and procedures that reflect the overall attitude of management, directors and owners of the entity about internal control relate to which of the following internal control components?
following Monday to ensure they have been completed. The work performed by the supervisor is an example of which COSO component?