Which of the following is not a reason to assess control risk as high?
A) Internal control policies or procedures are unlikely to be effective.
B) Evaluating the effectiveness of the internal control policies or procedures would be more time consuming than another audit approach.
C) The auditor has assessed detection risk as high.
D) Internal control policies or procedures are unlikely to pertain to an assertion.

Question

Quizplus · Accepted Answer

Detection risk is not directly related to assessing control risk; it refers to the risk that the auditor's procedures will not detect a material misstatement.

Which of the Following Is Not a Reason to Assess