Which of the following can be significantly affected by an audit?
A) The risk- free interest rate
B) Business risk
C) Information risk
D) All of the above

Name: Which of the following can be significantly affected by an audit? A) The risk- free interest rate B) Business risk C) Information risk D) All of the above
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Question

Quizplus · Accepted Answer

An audit primarily affects information risk by providing assurance on the accuracy and reliability of financial statements, thereby reducing the uncertainty about the information provided.

Which of the Following Can Be Significantly Affected by an Audit