The acceptable level of detection risk is inversely related to the: A). Risk of failing to discover

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The acceptable level of detection risk is inversely related to the:

A). Risk of failing to discover material misstatements.
B). Assurance provided by substantive procedures.
C). Risk of misapplying auditing procedures.
D). Preliminary judgment about materiality levels.

Related Book For answer-question

Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Posted Date: Oct 10, 2020 12:03 PM

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The acceptable level of detection risk is inversely related to the: A). Risk of failing to discover

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Expert Answer:

B Assurance provided by substantive procedures As the level of detection risk i... View the full answer

Principles of Economics

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