Which of the following risks are controllable by the auditor?
A)Audit risk and detection risk.
B)Audit risk and control risk.
C)Risk of material misstatement.
D)None of the above.

Question

Quizplus · Accepted Answer

Audit risk and detection risk are controllable by the auditor through the planning and execution of the audit, including the nature, timing, and extent of audit procedures. Control risk and the risk of material misstatement are primarily the responsibility of the entity being audited.

Which of the Following Risks Are Controllable by the Auditor