Question 12 Not yet answered Marked out of 1.00 Flag question the risk that measures the auditor's assessment of the risk that a material misstatement could occur in an assertion and not be prevented or detected on a timely basis by the client's internal controls is called : Select one: a. detection risk b. inherent risk c. audit risk d. control risk Question 11 Not yet answered Marked out of 1.00 P Flag question Which of the following is an accurate statement about professional skepticism? Select one: a. Professional skepticism is easy to implement in practice. b. It is easy for auditors to understand that their clients may try to deceive them throughout the audit process C. Professional skepticism involves a critical assessment of the evidence. Professional skepticism involves a critical assessment of the evidence. d. Professional skepticism is only necessary for the audits of public companies