Business, 06.08.2021 22:40 Rafael01

Pam is auditing the property, plant, and equipment account of her client, Roadrunner Training Company (RTC). Pam has decided to perform her testing at year-end and to use larger sample sizes. Which of the following pairs of information about the combined assessed level of inherent risk and control risk and detection risk best fits this scenario? A: Combined assessed level of inherent risk and control risk » low; detection risk » high
B: Combined assessed level of inherent risk and control risk » high; detection risk » high
C: Combined assessed level of inherent risk and control risk » low; detection risk » low
D: Combined assessed level of inherent risk and control risk » high; detection risk » low

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