Tests of details of balances relate to which part of the Audit Risk Model?
A)control risk
B)inherent risk
C)substantive risk
D)planned detection risk

Name: Tests of details of balances relate to which part of the Audit Risk Model? A)control risk B)inherent risk C)substantive risk D)planned detection risk
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Question

Quizplus · Accepted Answer

Tests of details of balances are related to planned detection risk, which is the risk that the auditor's procedures will not detect a material misstatement in an account balance.

Tests of Details of Balances Relate to Which Part of the Audit