Question: Refer to Exhibits. a. Define the following risks: Risk of incorrect acceptance of internal control reliability Risk of incorrect rejection of internal control

Refer to Exhibits.

a. Define the following risks:

● Risk of incorrect acceptance of internal control reliability

● Risk of incorrect rejection of internal control reliability

● Risk of incorrect acceptance of book value

● Risk of incorrect rejection of book value

b. Explain which of these risks should concern the auditor the most.

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