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QUESTION 13 Non-executive directors should ideally be O A from an unrelated industry, to ensure maximum objectiveness C B. employed by the client firm O C.expected to have the same level of knowledge about the company as executiv OD. objective and knowledgeable about the industry Assuming a lack of internal control in a client's system, the risk of material misstatement is known as? O A Audit risk O B. Inherent risk O C. Client risk OD. Detection risk A QUESTION 18 The concept of inherent risk is most closely tied to the idea of O & currency risk B. underlying business risks oc.global risk D. audit risk