Control risk can be evaluated on a scale from high to low.

Name: Control risk can be evaluated on a scale from high to low.
Brand: Quizplus
Rating: 4.9 (29 reviews)

Question

Quizplus · Accepted Answer

Control risk can indeed be evaluated on a scale from high to low, with high risk meaning that there is a greater likelihood that internal controls will fail to prevent or detect errors or fraud, and low risk meaning that the internal controls are effective in mitigating potential risks.

Control Risk Can Be Evaluated on a Scale from High