The acceptable level of detection risk is inversely related to the ________.
A) assurance provided by substantive tests
B) risk of misapplying auditing procedures
C) preliminary judgment about materiality levels
D) risk of failing to discover material misstatements

Question

Quizplus · Accepted Answer

Detection risk is inversely related to the assurance provided by substantive tests because as the assurance from substantive tests increases, the detection risk decreases.

The Acceptable Level of Detection Risk Is Inversely Related to the ________