Final Flashcards
1
Q
The risk of assessing control risk is too low, meaning
A
The assessed control risk based on 🔑sample is lower than the true risk based on the 🔑actual effectiveness of the control
2
Q
Materiality in term of the ________ aggregate level of misstatement that could be material to ________ of the F/S
A
Smallest aggregate level
Any one of the F/S
@9905
3
Q
Existence
A
Record to Resource
