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    Auditing A Practical
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    Exam 4: Risk Assessment Part Iiunderstanding the Client
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    Assuming a Lack of Internal Control in a Client's System
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Assuming a Lack of Internal Control in a Client's System

Question 48

Question 48

Multiple Choice

Assuming a lack of internal control in a client's system, the risk of material misstatement is known as?


A) Audit risk
B) Detection risk
C) Inherent risk
D) Client risk

Correct Answer:

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