Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
New Topic  
Cadish Cadish
wrote...
Posts: 694
Rep: 7 0
6 years ago
The auditor has determined that the perpetual inventory master files are high quality, assessing control risk related to physical observation of inventory as low. How does this affect audit testing? The auditor may
A) reduce the extent of control tests over data entry to the master file.
B) reduce the extent of the tests of physical inventory.
C) reduce the extent of control tests with respect to program change controls.
D) increase assessed inherent risks over the tests of physical inventory.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
Read 54 times
1 Reply
Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
Replies
Answer verified by a subject expert
inthe80sinthe80s
wrote...
Posts: 475
Rep: 6 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Cadish Author
wrote...

6 years ago
Correct Slight Smile TY
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1164 People Browsing
 109 Signed Up Today
Related Images
  
 1690
  
 2052
  
 262
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741

Previous poll results: What's your favorite math subject?