Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5) Factors that may decrease the period for retesting a control, or result in not relying on previous testing, include the following ____ A. improved

5) Factors that may decrease the period for retesting a control, or result in not relying on previous testing, include the following ____

A. improved automation and fewer manual steps since the process was last retested.

B. a stronger control environment compared to last time.

C. Deficient control environment; Deficient monitoring of controls; Significant manual elements involved in the process, among others.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Accounting And Reporting

Authors: Ciaran Connolly

6th Edition

1912350025, 978-1912350025

More Books

Students also viewed these Accounting questions

Question

What do you think is likely to be Liams problem? Discuss.

Answered: 1 week ago

Question

What laws were passed because of domestic violence?

Answered: 1 week ago