Multiple Choice
Control risk is ________.
A) the probability that a material misstatement could occur and not be prevented or detected by the company's internal control policies and procedures
B) the probability that a material misstatement could occur and not be detected by the auditor's audit procedures
C) the risk that the auditor will not be able to complete the audit on a timely basis
D) the risk that the auditor will not properly control the staff on the audit engagement
Correct Answer:

Verified
Correct Answer:
Verified
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