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I. regarding audit risk model components in terms of whether they are assessed ( i.e they are what they are) or determined (i.e the auditor

I. regarding audit risk model components in terms of whether they are assessed ( i.e they are what they are) or determined (i.e the auditor can affect what the amount will be) : audit Risk is determined; inherent risk is assessed. II. The "risk of material misstatement" involves control risk and inherent risk component s of the audit risk model

a 1 is true ; II is true

b I is true ; II is false

c I is false ; II is true

d I is false; II is false

Auditing

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