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What responsibilities do the auditors have with respect to inherent, control, detection, and audit risks? (several choice may be correct) A - Assess inherent risk
What responsibilities do the auditors have with respect to inherent, control, detection, and audit risks? (several choice may be correct)
A - Assess inherent risk
B - Determine detection risk based on the assessment of inherent and control risk
C - Set audit risk
D - Determine audit risk based on the assessment of inherent and control risk
E - Reduce control risk by ensuring management strengthen their controls
F - Decrease inherent risk by controlling the entitys business operations Assess control risk
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