As part of her yearly audit plan activities, Krystyne Sliz reviews audit working papers of previous years to determine the risk that a client's system of internal controls will not prevent or detect a material misstatement. This review refers to:
A) audit risk.
B) inherent risk.
C) control risk.
D) detection risk.

Question

Quizplus · Accepted Answer

The Answer of As part of her yearly audit plan activities, Krystyne Sliz reviews audit working papers of previous years to determine the risk that a client's system of internal controls will not prevent or detect a material misstatement. This review refers to:
A) audit risk.
B) inherent risk.
C) control risk.
D) detection risk.

As Part of Her Yearly Audit Plan Activities, Krystyne Sliz