Which of the following is an incorrect statement? a. Detection risk cannot be changed at the auditor's
Question:
Which of the following is an incorrect statement?
a. Detection risk cannot be changed at the auditor's discretion.
b. If individual audit risk remains the same, detection risk bears an inverse relationship to inherent and control risks.
c. The greater the inherent and control risks the auditor believes exist, the less detection risk that can be accepted.
d. The auditor might make separate or combined assessments of inherent risk and control risk.
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Related Book For
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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