Multiple Choice
The possibility that fraud has resulted in intentional misstatement in the financial statements is known as ________.
A) audit risk
B) control risk
C) detection risk
D) fraud risk
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q53: To whom should immaterial errors be reported?<br>A)No
Q54: All misstatements due to management fraud are
Q55: Two broad groupings of controls are _.<br>A)internal
Q56: A critical element of control is monitoring.What
Q57: Which of the following would be considered
Q59: Which of the following is not normally
Q60: Defalcation is another name for _.<br>A)management fraud<br>B)white-collar
Q61: Fraudulent financial reporting is an intentional act
Q62: What are four of the elements of
Q63: Terrance was a model,longstanding employee who liked