Question: In this discussion question you will assess the components of audit risk and their effect on the collection of audit evidence. What are the components

In this discussion question you will assess the components of audit risk and their effect on the collection of audit evidence. What are the components of audit risk? How are they related to each other? Which one(s) can be controlled by the auditors? How?

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Components of Audit Risk Audit risk is basically the risk that the auditor expresses an inappropriate opinion when financial statements are materially ... View full answer

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