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Which is a true statement about audit risk? When auditors decide on a higher acceptable audit risk, they want to be more certain that the
Which is a true statement about audit risk? When auditors decide on a higher acceptable audit risk, they want to be more certain that the financial A statements are not materially misstated. B There is an inverse relationship between acceptable audit risk and planned detection risk. Audit risk measures the risk that a material misstatement could occur and not be detected by internal control. D Audit assurance is the complement of acceptable audit risk
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