Which of the following best describes business risk? A. The risk that the financial statements contain material

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Which of the following best describes business risk?

A. The risk that the financial statements contain material errors.

B. The risk that the company will not achieve its objectives.

C. The risk of an auditor getting his or her opinion wrong.

D. Economic factors that may cause cash outflows from an entity.

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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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