The risk of material misstatement is composed of which audit risk components? a. Inherent risk and control
Question:
a. Inherent risk and control risk.
b. Control risk and detection risk.
c. Inherent risk and detection risk.
d. Inherent risk, control risk, and detection risk.
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a Correct The risk of material misstatement is composed of inherent risk a...View the full answer
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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