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Suppose auditors assess inherent risk and control risk as low, 2596 and 89 respectively. If auditors want to keep audit risk relatively low at 5%,
Suppose auditors assess inherent risk and control risk as low, 2596 and 89 respectively. If auditors want to keep audit risk relatively low at 5%, then what is detection risk? .02or2% 2.50 or 250% .05 or 5% 2.00 or 200%
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