Question: Question 4 Audit risk represents the risk that a)Auditors will issue an adverse audit report, when in fact, they should have issued an unqualified opinion

Question 4

Audit risk represents the risk that

a)Auditors will issue an adverse audit report, when in fact, they should have issued an unqualified opinion

b)Auditors will give an opinion that the financial statements are not fairly stated, when in fact, they were fairly stated

c)Auditors will give an opinion that the financial statements are fairly stated, when in fact, they were materially misstated

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