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babymother [125]
3 years ago
11

Which of the following statements represent the appropriate directional relationships between the concepts of inherent risk, con

trol risk, audit risk, and detection risk?a. As inherent risk goes up, audit risk goes up.b. As inherent risk goes up, audit risk goes down.c. As control risk goes up, detection risk goes up.d. As control risk goes up, inherent risk goes down.
Business
1 answer:
luda_lava [24]3 years ago
8 0

Answer:

b. As inherent risk goes up, audit risk goes down.

Explanation:

Inherent risk is the risk which is present before applying any control, and audit risk is the that the auditor expresses inappropiate audit opinion when the financial statements are materialy misstated.

Thus, when the inherent risk is <em>high</em>, the auditor keeps the audit risk at <em>low </em>level to perform more subtantative procedures.

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What is the average number of steps for a college student in one day?
MrMuchimi
5,000 to 7,000 steps per day
5 0
3 years ago
_______ is the dissemination of information to a fairly small, select audience that is defined by its shared values, preferences
Pani-rosa [81]

Answer:

d. Narrowcasting is the dissemination of information to a fairly small, select audience that is defined by its shared values, preferences, or demographic attributes.

Explanation:

Narrowcasting as described above is the transmission of information usually through television cable to a target audience who share a common preference. It involves the conveyance of visual content. The idea of narrowcasting was brought forward by Joseph C.R. Licklider, an American psychologist who thought of a way in which the right content can be delivered to the right audience at the right time. The information delivered can either be commercial or informational in nature.

Narrowcasting is still a revolutionary idea to this date since it gives businesses the opportunity to market their products to the right audience. In this way businesses can efficiently cover the target audience as a strategy of business marketing. The target audience are potential customers that can be transformed into loyal customers.

Narrowcasting has two main benefits;

<em>1. Content diversity</em>

Narrowcasting enables businesses to disseminate a variety of content to a specific audience. The content always serves a variety of purposes depending on the intention of the strategy.

<em>2. Cost-effective</em>

Narrowcasting can be relatively cheap as compared to print media, as visual display purchase is always one-off. Content adjustment is also easy and cheaper.

5 0
3 years ago
the cost of quality has two components: the cost of good quality. the costs for good quality are the cost of monitoring and prev
Marta_Voda [28]

Answer: Quality is never costless because monitoring and prevention have costs

Explanation:

The cost of quality has two parts which are the cost of prevention and the cost of failure. The cost of quality simply refers to the sum of the prevention cost and the cost of failure.

It should be noted that spending more on prevention helps in reducing the cost of failure. According to experts, quality is is never costless because monitoring and prevention have costs.

8 0
3 years ago
The best way to ensure the accuracy and safety of your accounts is to:
Elden [556K]
The best way to ensure the accuracy and safety of your accounts is to : monitor your online accounts regularly
You can never now if somehow your connection is monitored and compromised. Checking your accounts regularly will help you to be prepared for unexpected occurrences

hope this helps
7 0
3 years ago
1. All of the following would be classified as manufacturing overhead except the: A) wages of supervisor of the machining shop.
jek_recluse [69]

Answer:

D) All of the above would be classified as manufacturing overhead.

Explanation:

Manufacturing overhead is the overhead incurred directly in relation to the manufacturing process.

It can be fixed as well as variable, there is no standard conclusion for the above on the basis of nature of overhead.

Machining shop is a part of manufacturing process, and all expense related to that will be classified as manufacturing overhead, whether the expense is in cash like supervisor salary, property taxes of building of machining shop, or non cash expense like depreciation.

Therefore, all the expenses will be included in manufacturing overhead.

8 0
3 years ago
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