Control Risk Is

Multiple Choice

Control risk is

A) The probability that a material misstatement could occur and not be prevented or detected by the company's internal control policies and procedures.
B) The probability that a material misstatement could occur and not be detected by the auditor's audit procedures.
C) The risk that the auditor will not be able to complete the audit on a timely basis.
D) The risk that the auditor will not properly control the staff on the audit engagement.