The CPA firm of Petersen & Pauley uses a qualitative approach to imple- menting the audit risk

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The CPA firm of Petersen & Pauley uses a qualitative approach to imple- menting the audit risk model. Audit risk is categorized using three terms: very low, low, and moderate. The risk of material misstatement and de- tection risk are categorized using three terms: low, moderate, and high. Control risk is categorized using four terms: very low, low, moderate, and high. Calculate detection risk for each of the following hypothetical clients.. K-9875

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Auditing And Assurance Services A Systematic Approach

ISBN: 9780073337203

5th Edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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