Question
If the inherent risk is 75%, Acceptable audit risk (AAR) is 5% and Control risk (CR) is 80%.the auditor plan that the risk should
If the inherent risk is 75%, Acceptable audit risk (AAR) is 5% and Control risk (CR) is 80%.the auditor plan that the risk should be not more than 25% in all cases. What is the type of audit report that the auditor will issue for this case? Select one: a. Unmodified b. Disclaimer audit opinion C. Qualified audit opinion d. Adverse audit opinion e. Unmodified with explanatory paragraph audit opinion
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Principles Of Accounting
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
1st Edition
978-0077300456, 0077300459
