Which of the following is not ordinarily considered a factor indicative of increased financial reporting risk when an auditor is considering a client's risk assessment policies? O A. Salaried sales personnel. B. Implementation of a new information system. O C. Rapid growth of the organization. D. Corporate restructuring.
Which of the following is not ordinarily considered a factor indicative of increased financial reporting risk when an auditor is considering a client's risk assessment policies? O A. Salaried sales personnel. B. Implementation of a new information system. O C. Rapid growth of the organization. D. Corporate restructuring.
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
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 12CYBK: Which one of the following components of internal control over financial reporting sets the tone for...
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