The probability that the information circulated by a company will be false or misleading is referred to as
A) Business risk.
B) Information risk.
C) Assurance risk.
D) Audit risk.

Question

Quizplus · Accepted Answer

Information risk refers to the probability that information being circulated by a company will be false or misleading. Business risk refers to the risk that a company faces in terms of its operations and profitability, while assurance risk and audit risk refer to risks related to the audit and assurance process.

The Probability That the Information Circulated by a Company Will