Obtain an understanding of the client’s external controls. All things equal, as the risk of assessing control risk too low____________; sample size________________: a. Increases; decreases b. Increases; increases c. None d. Decreases; decreases

Obtain an understanding of the client’s external controls. All things equal, as the risk of assessing control risk too low; sample size____: a. Increases; decreases b. Increases; increases c. None d. Decreases; decreases

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter7: Planning The Audit: Identifying, Assessing, And Responding To The Risk Of Material Misstatement

Section: Chapter Questions

Problem 7CYBK

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Obtain an understanding of the client’s external controls. All things equal, as the risk of assessing control risk too low____________; sample size________________:

Increases; decreases

Increases; increases

None

Decreases; decreases

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