Which of the following occurs when, based on sample results, control risk is assessed excessively high?
a. Audit inefficiency.
b. A less expensive audit.
c. Reduction of substantive testing.
d. Errors that are more likely to occur than anticipated.
a
Business
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If a deed is not recorded in the public record:
A. It would not be valid between the parties. B. It would still be valid between the parties. C. It would give constructive notice to the public if it were signed by both parties. D. It would still protect the grantee against claims of third party.
Business
Outline the steps involved in business unit strategic-planning process
What will be an ideal response?
Business