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6 points Save Answ y. ors should be alert for potential judgment tendencies, traps, and biases that may impact the decision-making process. Discuss the Definition

6 points Save Answ y. ors should be alert for potential judgment tendencies, traps, and biases that may impact the decision-making process. Discuss the Definition of the Common Judgment Tendencies the Strategies to Mitigate these Judgment Tendencies. e toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). I US Paragraph Arial 10pt > !!! < !!! < A > Ix c If the audit assurance rate is 21%, then the level of acceptable audit risk is (Complete using a percentage) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS P Paragraph Arial 10pt !!! > !!! < A > < IX < > A v Ix XQ E If an auditor assesses inherent risk to be low, control risk to be low, and acceptable audit risk to be high, the amount of evidence he would plan to gather would be (Complete using one of the following terms: high, medium, or low) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt !!! A V Ix X Q 0 WORDS POWERED B If an auditor assesses inherent risk to be medium, control risk to be low, and acceptable audit risk to be high, the assessed planned detection risk would be (Complete using one of the following terms: high, medium, or low) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt < A V < K XO Q 240 P W QWORDS POWERED If an auditor believes the chance of financial failure is low and there is a corresponding decrease in business risk for the auditor, acceptable audit risk would likely to be (Complete using one of the following terms: increased, decreased or remain the same) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt !!! !!! A > Ix P Pacation TC 1 points E 0 WORDS POWERED BY TINY Sa stion 24 2 points Save Answer The auditor examines details of accounts receivable to determine whether they arise from normal course of business. What is the balance-related management assertion being made? What is the corresponding auditor objective? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS P Paragraph Arial another question will save this response. 10pt A v Ix XQ 200 0 WORDS POWERED BY TINY Question 24 of 29 estion 25 2 points Save Answer The auditor inquires as to whether any accounts payable have been discounted during the period. What is the balance-related management assertion being made? What is the corresponding auditor objective? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt < Ev A V Ix X10 E *** 0 WORDS POWERED BY TINY 25 of 29 >>> uestion 26 The auditor examines a piece of land and then the auditor compares prices to approved price list. What are the two types of audit evidence used by the auditor? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS P Paragraph Arial 10pt A V Ix * D Q Question 26 of 29 > 2 points Save Answer ** 0 WORDS POWERED BY TINY 2 points Save The auditor traces recorded salaries expense from the approved checks or payment slips to the payroll journal. What is the balance-related management assertion being made? What is corresponding auditor objective? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt A V Ix XQ P 0 WORDS POWERED BY TINY Question 27 of 29 Question 28 histesponse. < >Click Submit to complete this assessment. Question 29 <

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