Question: Question 3 You are considering acceptable audit risk at the financial statement level for Stephens Inc. , a private company . The company has recently

Question 3 You are considering acceptable audit risk at the financial statement level for Stephens Inc. , a private company . The company has recently installed a new accounting information system . How will this affect your assessment of your audit risk ? O a . Reduce your assessment of inherent risk . O b . Reduce your acceptable audit risk O Has no effect on your acceptable audit risk Increase your acceptable audit risk

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