举一反三
- If acceptable audit risk is low, and inherent risk and control risk are both low, then planned detection risk should be high. ( )
- 中国大学MOOC: The definition of the risk of material misstatement is Inherent Risk × Control Risk × Detection Risk”. Is this statement true or false?
- The definition of the risk of material misstatement is 'Inherent Risk × Control Risk × Detection Risk.( )
- Which of the following statements regarding a country risk premium is TRUE A: Country risk arises from expected economic and political events. B: Firms in different countries assume significantly different financial risk. C: Exchange rate risk is relatively small and can be ignored.
- Which of the following statements about sampling is appropriate? A: Sampling risk could be reduced to zero by enlarging the sample size B: Sampling risk could be quantified in a statistical sampling C: Non-sampling risk could be reduced to zero by enlarging the sample size D: Non-sampling risk doesn’t exist during tests of controls
内容
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Financial risk is any of various types of risk associated with financing.
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Which of the following is not one of the types of currency risk? A: Transaction risk B: Translation risk C: Liquidity risk D: Economic risk
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Which of the following is NOT a risk factor for a country's risk premium() A: Business risk. B: Financial risk. C: Technology risk.
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Which of the following risks can be diversified through portfolio investment? _____. A: Interest rate risk B: Inflation risk C: Market risk D: Default risk
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Which of the following statements is true when calculating the translation risk using currency / currency method ? A: Real assets are exposed to translation risk. B: All liabilities are exposed to translation risk. C: Financial assets are not exposed to translation risk D: Both real and financial assets are exposed to translation risk.