menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 7: Planning the Audit: Identifying and Responding to the Risks of Material Misstatement
  5. Question
    What Is the Nature of the Relationship Between Risk of Material
Solved

What Is the Nature of the Relationship Between Risk of Material

Question 85

Question 85

Multiple Choice

What is the nature of the relationship between risk of material misstatement and audit risk?


A) Direct.
B) None.
C) Correlational.
D) Inverse.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q80: Which of the following would be the

Q81: If materiality judgments change during the audit

Q82: Which item is correct concerning the risk

Q83: Ineffective internal controls result in higher risk

Q84: When the risk of material misstatement is

Q86: During the process of a brainstorming session,the

Q87: Which of the following risk factors suggests

Q88: In most audits,materiality is most commonly expressed

Q89: What is the main reason to establish

Q90: When business risk is low,the auditor does

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines