
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 2
The risk that the auditors' own testing procedures will lead to the decision that material misstatements do not exist in the financial statements when in fact such misstatements do exist is
A) Audit risk.
B) Inherent risk.
C) Control risk.
D) Detection risk.
A) Audit risk.
B) Inherent risk.
C) Control risk.
D) Detection risk.
Explanation
Detection risk is the possibility that t...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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