Increasing the effectiveness of internal controls would have the greatest effect on
A)reducing inherent risk.
B)reducing control risk.
C)reducing detection risk.
D)reducing audit risk.

Question

Quizplus · Accepted Answer

Increasing the effectiveness of internal controls directly impacts the degree to which the auditor can rely on the controls to prevent or detect material misstatements. This reduces the level of control risk, which in turn reduces the level of overall audit risk.

Increasing the Effectiveness of Internal Controls Would Have the Greatest