Detection risk differs from both control risk and inherent risk in that detection risk
A. Exists independently of the financial statement audit.
B. Can be changed at the auditor's discretion.
C. Arises from risk factors relating to fraud.
D. Should be assessed in nonquantitative terms.
Ans: B. Can be changed at the auditor's discretion.
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A(n) ________ defines the form or protocol of an operation, but not its implementation
A) meta-operation B) inquisitor C) abstract operation D) operation descriptor
Which of the following is the LEAST appropriate business application of text messaging?
A) real estate agents using it to inform buyers that new listings that fit their specifications have come to the market B) salespeople informing their managers about monthly sales figures using abbreviated shorthand-type language C) airlines using it to confirm flight information D) advertisers using it to alert users to new product information E) businesses using it to alert customers about special events