Select the appropriate terms from the list provided to the definitions.

Definitions:List of terms:

1.The risk that an auditor expresses an inappropriate audit opinion when the financial statements are materially misstated.Select a type of risk

Control Risk

Assertion

Inherent Risk

Significant Risk

Audit Risk

Detection Risk

2.The susceptibility of the financial statements to a material misstatement without considering internal controls.Select a type of risk

Detection Risk

Significant Risk

Control Risk

Assertion

Audit Risk

Inherent Risk

3.The risk that a client's system of internal controls will not prevent or detect a material misstatement.Select a type of risk

Assertion

Inherent Risk

Audit Risk

Detection Risk

Significant Risk

Control Risk

4.The risk that the auditors' procedures will not be effective in detecting a material misstatement should there be one.Select a type of risk

Assertion

Control Risk

Inherent Risk

Significant Risk

Detection Risk

Audit Risk

5.An identified and assessed risk of material misstatement that, in the auditor's judgement, requires special audit consideration.Select a type of risk

Significant Risk

Detection Risk

Audit Risk

Inherent Risk

Control Risk

Assertion

6.Statement made by management regarding the recognition, measurement, presentation, and disclosure of items included in the financial statements.

Detection Risk

Significant Risk

Control Risk

Assertion

Audit Risk

Inherent Risk