Compensate for a weakness in internal control

Assignment Help Accounting Basics

Reference no: EM13144707

An auditor may compensate for a weakness in internal control by increasing the:

a. Level of detection risk

b. extent of tests of controls (compliance tests)

c. preliminary judgment about audit risk

d. extent of substantive tests

Reference no: EM13144707

Questions Cloud

Probability that patients be relieved of nasal congestion : The new drug is administered to 300 patients with the condition. What is the probability that more than 265 will be relieved of nasal congestion?

How many grams of oxygen are collected in a reaction : How many grams of oxygen are collected in a reaction where 222 mL of oxygen gas is collected over water at a temperature of 25°C and a total pressure of 697 torr?

Homemade dividend in two years : The required return on Avondale stock is 15 percent. If you want only $225 total in dividends the first year, what will your homemade dividend be in two years.

Determining inventoriable cost per unit : Variable selling and administrative expenses are $1 per unit, and fixed selling and administrative costs are $3,000 in total. According to generally accepted accounting principles, inventoriable cost per unit of Big would be:

Compensate for a weakness in internal control : An auditor may compensate for a weakness in internal control by increasing the:

Determine population of interest : The resident would be interested in joining this recreation center if it were built. Of these 35 indicated they would be interested in joining the recreation center. The population of interest is?

Units started for production : If beginning work in process is 2,000 units, ending work in process is 1,000 units, and the units accounted for equals 5,000 units, what must units started into production be?

What is the confidence interval if deposits on daily basis : The I.R.S. did an audit and found that the deposits usually come in at $1,000 on a daily basis. What is the confidence interval.

What volume would the dry gas occupy : A sample of Oxygen is collected in a 206 mL container over water at 15C, and the barometer reads 793 torr. What volume would the dry gas occupy at 704 torr and 15C? Water's partial pressure at 15C is 12.8 torr. Answer in units of mL.

User Account

All Pages