Which of the following would not be considered a limitation of the audit risk model? a. The
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Which of the following would not be considered a limitation of the audit risk model?
a. The model treats each risk component as a separate and independent factor when some of the factors are related.
b. Inherent risk is difficult, if not impossible, to formally assess.
c. It is difficult, if not impossible, to formally assess either control or detection risk.
d. The model provides an overall framework for determining the allocation of audit work to risk areas.
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Related Book For 
Auditing Concepts For A Changing Environment
ISBN: 9781284249286
5th Edition
Authors: Larry E. Rittenberg, Bradley J. Schwieger
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