Complete the Definition of Control Risk Using the Following Words

Short Answer

Complete the definition of control risk using the following words:
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1. disclosure
2. risk
3. account balance
4. assertion
5. shown
6. internal control
7. singly
8. financial statement
9. detected
10. material
11. accounting systems
12. individually
-The ________________ that a misstatement that should occur in an ________________about a class of transaction, account balance or ________________ and that could be ________________ either ________________ or when aggregated with other misstatements will not be prevented or ________________ and corrected on a timely basis by the entity's ________________.