Control risk is a measure of the auditor's expectation that the internal controls:
A) will prevent material misstatements from occurring.
B) will either prevent material misstatements or detect and correct them.
C) will detect and correct material misstatements.
D) will neither prevent material misstatements nor detect and correct them.

Question

Quizplus · Accepted Answer

The Answer of Control risk is a measure of the auditor's expectation that the internal controls:
A) will prevent material misstatements from occurring.
B) will either prevent material misstatements or detect and correct them.
C) will detect and correct material misstatements.
D) will neither prevent material misstatements nor detect and correct them.

Control Risk Is a Measure of the Auditor's Expectation That