Question: There is a direct relation between inherent risk and detection risk. * True False Audit risk is related to specific client. * True False In


There is a direct relation between inherent risk and detection risk. * True False Audit risk is related to specific client. * True False In the preliminary engagement phase there is a confirmation that audit team is independent. * True False Stockholders are more satisfied when the type of audit report is a disclaimer report. * O True False
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