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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam7: Materiality and risk
  5. Question
    Acceptable Audit Risk and Planned Detection Risk Are Inversely Related;
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Acceptable Audit Risk and Planned Detection Risk Are Inversely Related;

Question 85

Question 85

True/False

Acceptable audit risk and planned detection risk are inversely related; i.e., as acceptable audit risk increases, planned detection risk should decrease, ceteris paribus.

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