$2.$ In the audit risk model, what does Inherent Risk $($IR$)$ mean?

The risk that a material misstatement will not be prevented or detected and corrected by the company$$s internal controls

The risk that the auditor$$s testing will not detect a material misstatement

The risk that the auditor may give an unqualified $($clean$)$ opinion on materially misstated financial statements

The risk that errors or fraud occur due to the nature or complexity of transactions, without considering any internal controls