Question: After performing planning procedures, an auditor assesses risks of material misstatement as higher than the auditor should have. Which of the following is the most
After performing planning procedures, an auditor assesses risks of material misstatement as higher than the auditor should have. Which of the following is the most likely consequence of the misassessment?
Multiple Choice
The auditor will perform an inefficient audit.
The auditor will perform an ineffective audit.
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