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  2. Topic
    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam7: Materiality and risk
  5. Question
    Inherent Risk and Control Risk Normally Vary for Different Accounts
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Inherent Risk and Control Risk Normally Vary for Different Accounts

Question 27

Question 27

True/False

Inherent risk and control risk normally vary for different accounts in the same audit, whereas acceptable audit risk is ordinarily held constant for each account in the same audit.

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