Question: 3. Risk of a material misstatement occurring in an assertion assuming no related intemal controls. a. control risk b. audit riskc. inherent risk d. detection
3. Risk of a material misstatement occurring in an assertion assuming no related intemal controls. a. control risk b. audit riskc. inherent risk d. detection risk 4. Risk that a material misstatement in an assertion will not be prevented or detected on a timely basis by the company's intemal control (material misstatement gets through intemal control). a. control risk b. audit risk c. inherent risk d. detection rick
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