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Audit risk Inherent risk Control risk Detection risk Match these to the 4. he financial statements are ecting a material ect a material missttement. without
Audit risk Inherent risk Control risk Detection risk Match these to the 4.
he financial statements are ecting a material ect a material missttement. without considering the Match the appropriate terms from the list provided to the definitions. 1. The risk that an auditor expresses an inappropriate audit opinion when the financial statements are materially misstated. 2. The risk that the auditor's testing procedures will not be effective in detecting a material misstatement. 3. The risk that a client's system of internal controls will not prevent or detect a material misstatement. 4. The susceptibility of the financial statements to a material misstatement without considering the internal controlsStep by Step Solution
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