6-Watching the client's process of counting the physical inventory is an example of recalculation. *

True

False

7-Recalculation and Reperformance requires sampling. *

True

False

8-A company is facing a high degree of competition. This will increase the inherent risk. *

True

False

9-The auditor is comparing expenses as a percentage of net sales with prior years percentages. This is an example of analytical procedures. *

True

False

10-The organizational structure of the Company is unstable. This is an example of audit risk. *

True

False