Multiple Choice
Which of the following statements is most correct concerning audit risk?
A) Audit risk can be quantified with a reasonable degree of certainty.
B) Audit risk cannot be quantified with certainty.
C) Audit risk is the same for all audit client in the same industry.
D) Audit risk can be eliminated by having the correct audit procedures.
Correct Answer:
Verified
Correct Answer:
Verified
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