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Control Risk Is

Question 1

Multiple Choice

Control risk is


A) the probability that a material misstatement could not be prevented or detected by the entity's internal control policies and procedures.
B) the probability that a material misstatement could occur and not be detected by auditors' procedures.
C) the risk that auditors will not be able to complete the audit on a timely basis.
D) the risk that auditors will not properly control the staff on the audit engagement.

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