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    Auditing and Assurance Services Study Set 3
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    Exam 5: Overview of Elements of the Financial Report Audit Process
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    Which of the Following Audit Risk Components May Be Assessed
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Which of the Following Audit Risk Components May Be Assessed

Question 45

Question 45

Multiple Choice

Which of the following audit risk components may be assessed in non-quantitative terms? Control risk
Detection risk
Inherent risk


A) Yes
Yes
Yes
B) Yes
No
Yes
C) Yes
Yes
No
D) No
Yes
Yes

Correct Answer:

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