Question: 7. Inherent risk and control risk differ from planned detection risk in that they a. Arise from misapplication of auditing procedures b. May be assessed

7. Inherent risk and control risk differ from planned detection risk in that they a. Arise from misapplication of auditing procedures b. May be assessed in either quantitative and nonquantitative terms c. Exist independently of the financial statement audit d. Can be changed at the auditor's discretion

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