The audit risk model can also be used for quantitative analysis in which all risks are stated as a percentage ranging from _______.
A)1% to 1%
B)1% to 100%
C)1% to 10%
D)1% to 5%

Question

Quizplus · Accepted Answer

The audit risk model can be used for quantitative analysis with all risks stated as a percentage ranging from 1% to 100%. This allows for a more precise assessment of the level of risk involved in the audit process.

The Audit Risk Model Can Also Be Used for Quantitative