Question: In a financial statement audit, what controls will an auditor test? a. The risk of material misstatement. b. Both entity-wide and transaction controls for testing.

In a financial statement audit, what controls will an auditor test? a. The risk of material misstatement. b. Both entity-wide and transaction controls for testing. c. Risks associated with significant accounts, disclosures, and relevant assertions. d. All of these are controls an auditor will test.

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