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Which of the following best describes the concept of audit risk? Question 6 Answer a . The risk that the auditor will fail to detect
Which of the following best describes the concept of audit risk?
Question Answer
a
The risk that the auditor will fail to detect material misstatements
b
The risk that the audit will be completed ahead of schedule
c
The risk that an audit will identify too many issues
d
The risk that the auditor will perform too much testing
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