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    Exam 7: Materiality and Risk
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    PA Has Set Audit Risk at 5% and Determined That
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PA Has Set Audit Risk at 5% and Determined That

Question 32

Question 32

Multiple Choice

PA has set audit risk at 5% and determined that inherent risk and control risk is at 100%. What is the detection risk?


A) 5%
B) 50%
C) 95%
D) 20%

Correct Answer:

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