ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 56

1. Auditors are ________ to document the known and likely
misstatements in the financial statements under audit.
2. To what extent do auditors typically rely on internal controls of
their public company clients?
3. Inherent risk and control risk:
4. If planned detection risk is reduced, the amount of evidence the
auditor accumulates will:
5. Inherent risk is ________ related to detection risk and ________
related to the amount of audit evidence.
6. As the acceptable level of detection risk increases, an auditor
may change the:
7. Auditors typically rely on internal controls of their private
company clients:
8. Amounts involving fraud are usually considered ________
important than unintentional errors of equal dollar amounts.
9. As the risk of material misstatement increases, detection risk
should: