Multiple Choice
Information Risk is defined as:
A) the risk that information circulated by a company's management will be false or misleading.
B) the risk that an assertion contains a misstatement, before considering internal controls.
C) the risk that auditor is has followed appropriate auditing standards and issued a standard unqualified opinion, and the financial statements contain a material misstatement.
D) the risk that the internal controls will not prevent or detect a misstatement in the financial statements.
Correct Answer:

Verified
Correct Answer:
Verified
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