Homework Clinic

Social Science Clinic => Accounting => Topic started by: april 19 on Aug 21, 2022

Title: Inherent risk and control risk exist independent of the audit of the financial statements.
Post by: april 19 on Aug 21, 2022

Question 1

For well-planned audits, it is practical for auditors to provide assurances on immaterial amounts included in the financial statements.
◦ true
◦ false

Question 2

Inherent risk and control risk exist independent of the audit of the financial statements.
◦ true
◦ false

Title: Inherent risk and control risk exist independent of the audit of the financial statements.
Post by: Yermi196 on Aug 21, 2022

Answer 1

false

Answer 2

true