Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is LEAST likely a risk factor that affects whether there is a reasonable possibility that a control deficiency will result in

image text in transcribed
Which of the following is LEAST likely a risk factor that affects whether there is a reasonable possibility that a control deficiency will result in a misstatement of a disclosure? The frequency of the exceptions detected by the internal control. The internal audit function examines the internal controls quarterly The nature of account balances involved in the internal control. The internal control may not be effective because of future industry changes

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

Step: 3

blur-text-image

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

Auditing Concepts For A Changing Environment With IDEA Software

Authors: Larry E. Rittenberg, Bradley J. Schwieger

4th Edition

0387321500, 978-0324180237

More Books

Students also viewed these Accounting questions

Question

2. In what ways have your peers and your parents helped shape you?

Answered: 1 week ago

Question

=+3. What are market presence strategies, and which can you name?

Answered: 1 week ago