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Following are three companies under audit where the audit risk model is used by Mr. Mohammed, an independent auditor, for planning audit evidence requirements in
Following are three companies under audit where the audit risk model is used by Mr. Mohammed, an independent auditor, for planning audit evidence requirements in the audit of cash Risks A Companies B C Acceptable audit risk 546 59 1% Inherent risk 40% 40% 40% Control risk 60% 50% 30% Planned detection risk Use the previous information to answer the following question: [Write the answer as a percentage (only the number without the (5) sign) (Approximate to the nearest.one.decimal place) Ic. Calculate the planned detection risk for company C
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