Assessing control risk


Assessing control risk at below the maximum most likely would involve :

A. Changing the timing of substantive procedures by omitting interim testing and performing the tests at year-end.

B. Identifying specific internal controls relevant to specific assertions.

C. Performing more extensive substantive procedures with larger sample sizes than originally planned.

D. Reducing inherent risk for most of the assertions relevant to significant account balances.

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Accounting Basics: Assessing control risk
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