Assessing acceptable audit risk and inherent risk is an important part of audit planning because it helps to determine the:
A) timing of audit procedures.
B) staff to be assigned to the engagement.
C) fees to charge for the audit.
D) all of the above

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The Answer of Assessing acceptable audit risk and inherent risk is an important part of audit planning because it helps to determine the:
A) timing of audit procedures.
B) staff to be assigned to the engagement.
C) fees to charge for the audit.
D) all of the above

Assessing Acceptable Audit Risk and Inherent Risk Is an Important