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Question 15: A chief audit executive would most likely use risk assessment for audit planning because it
provides:
A. A systematic process for assessing and integrating professional judgment about probable adverse
conditions.
B. A listing of potentially adverse effects on the organization.
C. A list of auditable activities in the organization.
D. The probability that an event or action may adversely affect the organization.
Correct Answer: A
1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   
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