Each of the following might, by itself, form a valid basis for an auditor to reduce substantive testing except for the:
A. difficulty and expense involved in testing a particular item.
B. assessment of control risk at a low level.
C. high quality of the evidence gathered.
D. low inherent risk involved.
Answer: A
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a. fashion b. staple c. assortment d. fad
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Answer the following statement true (T) or false (F)