ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 54

1. The preliminary judgment about materiality and the amount of audit evidence accumulated are ________ related. 2. Auditors generally allocate the preliminary judgment about materiality to the: 3. If an auditor establishes a relatively high level for materiality, then the auditor will: 4. Auditors frequently refer to the terms audit assurance, overall assurance, and level of assurance to refer to ________. 5. Auditors typically rely on internal controls of their private company clients: 6. Why do auditors establish a preliminary judgment about materiality? 7. Inherent risk and control risk: 8. As the risk of material misstatement increases, detection risk should: