Increased fraud risk could result in all of the following except:
A)lower detection risk.
B)higher inherent risk.
C)lower control risk.
D)higher client risk.

Question

Quizplus · Accepted Answer

Increased fraud risk typically leads to higher inherent risk and higher client risk, but it does not result in lower control risk. Control risk is related to the effectiveness of a client's internal controls, not directly to fraud risk.

Increased Fraud Risk Could Result in All of the Following