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12-The auditor sets the materiality at a low level. This case is related to detection risk. * True False 13-To test the rights and obligation

12-The auditor sets the materiality at a low level. This case is related to detection risk. *

True

False

13-To test the rights and obligation assertion, the auditor could examine invoices related to payments made after year end to determine if they were properly recorded. *

True

False

14-Expected population deviation rate has an inverse relationship with sample size. *

True

False

15-Sale transaction happened but the company fails to record it. In this case, the company violated the completeness assertion. *

True

False

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