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PA has set acceptable audit risk at 5% and determined that inherent risk and control risk is at 100%. What is the detection risk? A)

PA has set acceptable audit risk at 5% and determined that inherent risk and control risk is at 100%. What is the detection risk?

A) 5%

B) 50%

C) 95%

D) 20%

Please show your work on how you got the answer. Thank you for answering.

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