Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When tests internal controls do not support a previous conclusion about internal controls, the auditor should _______. a)lower inherent risk related to internal control b)consider

When tests internal controls do not support a previous conclusion about internal controls, the auditor should _______.

a)lower inherent risk related to internal control

b)consider withdrawing from the engagement

c)reassess internal controls at a higher level

d)obtain assurances about internal control from senior management

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

The Internal Auditing Pocket Guide Preparing Performing Reporting And Follow Up

Authors: J.P. Russell

2nd Edition

1636941303, 978-1636941301

More Books

Students also viewed these Accounting questions

Question

Describe the options and trends in management education

Answered: 1 week ago