Multiple Choice
The risk of a material misstatement occurring in an account,assuming an absence of internal control,is referred to as:
A) Account risk.
B) Control risk.
C) Detection risk.
D) Inherent risk.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: The auditors' tests of controls are designed
Q29: Which of the following situations would an
Q30: Which of the following situations would raise
Q31: The completeness of recording of assets is
Q32: The auditors are planning an audit engagement
Q34: The auditors' consideration of internal control is
Q35: While assessing the risks of material misstatement,auditors
Q36: When an auditor is planning an audit,the
Q37: When a company has changed auditors,according to
Q38: Which of the following is most likely