The acceptable level of detection risk is inversely related to the a. Assurance provided by substantive tests.

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The acceptable level of detection risk is inversely related to the

a. Assurance provided by substantive tests.

b. Risk of misapplying auditing procedures.

c. Preliminary judgment about materiality levels.

d. Risk of failing to discover material misstatements.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 07, 2024 02:01 AM

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The acceptable level of detection risk is inversely related to the a. Assurance provided by substantive tests.

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The answer is c Preliminary judgment about materiality levels Heres why Detection risk refers to the ...View the full answer

Auditing An Assertions Approach

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