Audit risk is said to be a function of inherent risk, control risk and detection risk. Explain

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Audit risk is said to be a function of inherent risk, control risk and detection risk. Explain audit risk. Define and differentiate between each of its components.

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Modern Auditing And Assurance Services

ISBN: 9781118615249

6th Edition

Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson

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Question Posted: May 23, 2024 05:06 AM

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Audit risk is said to be a function of inherent risk, control risk and detection risk. Explain

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Modern Auditing And Assurance Services

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