- 1 Marks
AAA – L3 – SA – Q4.6 – Audit evidence
Which factors contribute to inherent risk in an audit?
Question
Which of the following may be factors contributing to inherent risk?
1 Number of customers
2 Strength of internal controls
3 Number of products
4 Rate of staff turnover
A 1,2 and 3 only
B 1,3 and 4 only
C 2,3 and 4 only
D 1,2 and 4 only
Find Related Questions by Tags, levels, etc.
- Tags: Customers, Inherent Risk, Internal controls, Products, Risk Assessment, Staff turnover
- Level: Level 3
- Topic: Audit Evidence
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