Control risk is a measure of the auditor's expectation that the internal controls will:
A) detect and correct material misstatements.
B) either prevent material misstatements or detect and correct them.
C) prevent material misstatements from occurring.
D) neither prevent material misstatements nor detect and correct them.

Question

Quizplus · Accepted Answer

The Answer of Control risk is a measure of the auditor's expectation that the internal controls will:
A) detect and correct material misstatements.
B) either prevent material misstatements or detect and correct them.
C) prevent material misstatements from occurring.
D) neither prevent material misstatements nor detect and correct them.

Control Risk Is a Measure of the Auditor's Expectation That