
Auditing and Assurance Services 1st Edition by Iris Stuart
Edition 1ISBN: 978-0073404004
Auditing and Assurance Services 1st Edition by Iris Stuart
Edition 1ISBN: 978-0073404004 Exercise 13
Inherent risk and control risk differ from detection risk in that they a. Arise from the misapplication of auditing procedures.
B) May be assessed in either quantitative or nonquantitative terms.
C) Exist independently of the financial statement audit.
D) Can be changed at the auditor's discretion.
B) May be assessed in either quantitative or nonquantitative terms.
C) Exist independently of the financial statement audit.
D) Can be changed at the auditor's discretion.
Explanation
The audit is the process of checking the...
Auditing and Assurance Services 1st Edition by Iris Stuart
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