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Manny Regimbald Is Concerned About the Audit of a High-Risk

Question 1

Multiple Choice

Manny Regimbald is concerned about the audit of a high-risk client, the Lewiston Stampeders. He believes that there is a high likelihood that because his audit team is inexperienced, the testing procedures will not detect a material misstatement. This is a(n)


A) audit risk.
B) control risk.
C) detection risk.
D) none of the above

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