Question: An auditor assesses control risk because it a. Is relevant to the auditors understanding of the control environment. b. Provides assurance that the auditors materiality
An auditor assesses control risk because it
a. Is relevant to the auditor’s understanding of the control environment.
b. Provides assurance that the auditor’s materiality levels are appropriate.
c. Indicates to the auditor where inherent risk may be the greatest.
d. Affects the level of detection risk that the auditor may accept.
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