Question
You are the partner in charge of the audit of Martinez Industries.You have set audit risk for the audit of accounts receivable at 5%.You have
You are the partner in charge of the audit of Martinez Industries.You have set audit risk for the audit of accounts receivable at 5%.You have assessed inherent risk at 50% and control risk was assessed at 30%.
What's the detection risk for the audit of A/R in the current year?
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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
