The audit risk model, identified in the AICPAs Professional Standards includes all of the following component risks, except for

a. Control risk.

b. Sampling risk.

c. Inherent risk.

d. Detection risk.

e. All of the above are specifically included in the audit risk model.

Which of the following most likely would not be considered an inherent limitation of the potential effectiveness of an entitys internal control?

a. A mistake attributable to an employees fatigue due to working long hours.

b. Potential for management override.

c. An employees misjudgment due to a misunderstanding of an assigned task.

d. Collusion among employees.

e. Improper segregation of duties.