ACC 491 Week 3 Assessing Materiality and Risk Simulation

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ACC 491 Entire Course Link
https://uopcourses.com/category/acc-491/
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ACC 491 Week 3 Assessing
Materiality and Risk Simulation

Resources: Assessing Materiality and Risk Simulation

Complete the simulation and prepare a 350-word response to the following questions:


  • Why do
    certain accounts have to be audited 100%?

  • Why is
    materiality allocated only to those accounts that are sampled?

  • Is any
    component of audit risk within the control of the auditor? Explain.

  • How are the
    three risks that make up audit risk interrelated?



Click the Assignment Files tab to submit your assignment.

 

 
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