Which Item Is Correct Concerning the Risk of Material Misstatement

Multiple Choice

Which item is correct concerning the risk of material misstatement?

A) Risk of material misstatement arises because audit procedures have been misapplied.
B) Risk of material misstatement can be controlled and changed by the auditor.
C) Risk of material misstatement must be assessed in non-quantitative terms.
D) Risk of material misstatement is controllable by the client.