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The actual level s of Inherent Risk (IR) and Control Risk (CR)... a.Can always be accurately assessed by the auditor. b.Should be greater than or

The actual level s of Inherent Risk (IR) and Control Risk (CR)...

a.Can always be accurately assessed by the auditor.

b.Should be greater than or equal to acceptable audit risk.

c.Can never be known with certainty.

d.Are the same for all audit clients.

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