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Control Risk Is a Measure of the Auditor's Expectation That

Question 55

Multiple Choice

Control risk is a measure of the auditor's expectation that the internal controls:


A) will prevent material misstatements from occurring.
B) will either prevent material misstatements or detect and correct them.
C) will detect and correct material misstatements.
D) will neither prevent material misstatements nor detect and correct them.

Correct Answer:

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