In specifying an acceptable level of risk of incorrect acceptance, the auditor should consider the:
A) assessed level of detection risk.
B) assessed level of control risk.
C) acceptable level of inherent risk.
D) results of tests of controls.
E) acceptable level of rejection risk.

Question

Quizplus · Accepted Answer

The Answer of In specifying an acceptable level of risk of incorrect acceptance, the auditor should consider the:
A) assessed level of detection risk.
B) assessed level of control risk.
C) acceptable level of inherent risk.
D) results of tests of controls.
E) acceptable level of rejection risk.

In Specifying an Acceptable Level of Risk of Incorrect Acceptance