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  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 9: Assessing the Risk of Material Misstatement
  5. Question
    ________ Is the Risk That the Auditor or Audit Firm
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________ Is the Risk That the Auditor or Audit Firm

Question 101

Question 101

Multiple Choice

________ is the risk that the auditor or audit firm will suffer harm after the audit is finished, even though the audit report was correct.


A) Inherent risk
B) Audit risk
C) Engagement risk
D) Control risk

Correct Answer:

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