If results from the tests of controls show the internal control is effective at preventing and/or detecting material misstatements, auditors will conclude that control risk is ______ and overall risk of material misstatement (RMM) is ______.
A)low; low
B)high; high
C)high; low
D)low; high

Question

Quizplus · Accepted Answer

If tests of controls show that the internal control is effective at preventing and/or detecting material misstatements, auditors will conclude that control risk is low and overall risk of material misstatement (RMM) is also low.

If Results from the Tests of Controls Show the Internal