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In Determining Audit Risk,the Auditor Decides How Much Risk Will

Question 60

Multiple Choice

In determining audit risk,the auditor decides how much risk will be taken on by the firm.Which of the following is correct regarding this decision by the auditor?


A) The auditor may decide to intentionally render an inappropriate opinion.
B) The auditor may decide not to take the audit engagement.
C) The auditor may decide to accept audit risk at 100%.
D) The auditor may decide that engagement risk is an appropriate measure of audit risk.

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