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Pam is auditing the accounts payable account of her client, Roadrunner Training Company (RTC). Pam has decided to perform her testing at interim and to use smaller sample sizes. Which of the following
Xueli
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Oct 12, 2022
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Pam is auditing the accounts payable account of her client, Roadrunner Training Company (RTC). Pam has decided to perform her testing at interim and to use smaller sample sizes. Which of the following pairs of information about the combined assessed level of inherent risk and control risk and detection risk best fits this scenario?
A : Combined assessed level of inherent risk and control risk » low; detection risk » high
B : Combined assessed level of inherent risk and control risk » high; detection risk » low
C : Combined assessed level of inherent risk and control risk » low; detection risk » low
D : Combined assessed level of inherent risk and control risk » high; detection risk » high
Social Studies
high-school
Xueli
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Answer:the answer would be C
Step-by-step explanation:
Nandop
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Oct 18, 2022
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