The audit risk model includes the four risks listed below. Match the type of risk with the related definition.

Detection risk

Control risk

Inherent risk

Audit risk

The probability that material misstatements have occurred in transactions entering the accounting system.

The probability that an auditor will give an inappropriate opinion on financial statements.

The probability that the client's internal control policies and procedures will fail to detect material misstatements

If they have entered the acoounting system.

The probability that audit procedures will lail to produce evidence of material misstatements.