Question: Failure to detect material dollar errors in the financial statements is a risk which the auditors primarily mitigate by: A. Performing substantive procedures. B. Performing

Failure to detect material dollar errors in the financial statements is a risk which the auditors primarily mitigate by:

A.

Performing substantive procedures.

B.

Performing tests of controls.

C.

Assessing control risk.

D.

Obtaining a client representation letter

EXPLAN

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