Question: b . The materiality ranges. c . Tolerable misstatements d . Tolerable materiality. Which is incorrect statement about audit risk? a . The risk of

b. The materiality ranges.
c. Tolerable misstatements
d. Tolerable materiality.
Which is incorrect statement about audit risk?
a. The risk of material misstatement refers to the combination of inherent risk and control risk.
b. There is an inverse relationship between acceptable audit risk and planned detection risk.
c. Audit assurance is the complement of acceptable audit risk.
d. detection risk can only be determined after audit risk, inherent
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b . The materiality ranges. c . Tolerable

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