Risk of Incorrect Acceptance Is Defined as _______

Multiple Choice

Risk of incorrect acceptance is defined as _______.

A) the risk that the auditor concludes that a material misstatement does not exist when it does exist
B) the risk that the auditor concludes that a material misstatement does exist when it does exist
C) the risk that an audit firm incorrectly accepts a client
D) the risk that an audit firm incorrectly issued an unmodified opinion