Detection risk is a function of the effectiveness of the controls put into place and their application by client personnel.
Correct Answer:
Verified
Q7: When the preliminary audit strategy calls for
Q8: The risk that the auditor will not
Q9: The risk that the auditor may unknowingly
Q10: The revised control risk is used in
Q11: The risk that a material misstatement that
Q13: The actual level of control risk, but
Q14: The auditor might choose a response to
Q15: The more certain the auditor wants to
Q16: A primarily substantive approach would usually be
Q17: If inherent risk is assessed at the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents