In the audit risk model, if an audit team wanted to keep audit risk at a low

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In the audit risk model, if an audit team wanted to keep audit risk at a low level, but there was high inherent risk and high control risk, then audit procedures would need to be designed so that

Detection risk was set at a low level

Inherent risk was set at a high level

Detection risk was set at a high level

Control risk was set at a low level

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Auditing Cases An Interactive Learning Approach

ISBN: 978-0132567237

5th edition

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

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Posted Date: Oct 08, 2020 11:18 AM

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In the audit risk model, if an audit team wanted to keep audit risk at a low

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Detection risk was set at a low level When detection risk is set at low then that means that the ris... View the full answer

Auditing Cases An Interactive Learning Approach

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