Question: 7 . While performing a substantive test of details during an audit, the auditor determined that the sampl account balance was materially misstated. It was,

7 .

While performing a substantive test of details during an audit, the auditor determined that the sampl account balance was materially misstated. It was, in fact, not materially misstated. This situation illustr

Multiple Choice

.

Incorrect acceptance.

.

Incorrect rejection.

.

Assessing control risk too high.

.

Assessing control risk too low.

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