The CPA firm of Quigley & Associates uses a qualitative approach to implementing the audit risk model. Audit risk is categorized using two terms: very low and low. The risk of material misstatement and detection risk are categorized using three terms: low, moderate, and high. Calculate detection risk for each of the following hypotheticalclients.

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ent No. Audit Risk Risk of Material Msstatement Detection Risk Moderate High Very low LOW very low Moderate