Question: Inherent risk and control risk differ from detection risk in that inherent risk and control risk are Functions of the client and its environment, but

Inherent risk and control risk differ from detection risk in that inherent risk and control risk are

Functions of the client and its environment, but detection risk is not.

Elements of audit risk, but detection risk is not.

Considered at the assertion level, but detection risk is not.

Changed at the auditors discretion, but detection risk is not.

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