Write the expanded risk model. What risk is implied for test of detail risk when IR =

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Write the expanded risk model. What risk is implied for “test of detail risk” when IR = 1.0, CR = 0.40, APR = 0.60, AR = 0.048, tolerable misstatement = $10,000, and the estimated standard deviation in the population = $25?

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Auditing An International Approach

ISBN: 978-0071051415

6th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Question Posted: Jan 09, 2015 09:36 AM

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Write the expanded risk model. What risk is implied for test of detail risk when IR =

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Expanded risk model AR IR x CR x AP x TD ...View the full answer

Auditing An International Approach

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