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Assume the following values: Audit risk = 5 % Inherent risk = 1 . 5 % Control risk = 0 . 5 % Assurance from

Assume the following values:
Audit risk =5%
Inherent risk =1.5%
Control risk =0.5%
Assurance from other standard procedures =0.95%
What is the risk of incorrect acceptance?

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