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Author Question: Zero risk is certainty, and a 100% audit risk is complete uncertainty. (Read 87 times)

ahunt13

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on: Aug 21, 2022

Question 1

When an auditor sets a low acceptable audit risk, it means that he or she wants to be more certain that the financial statements are not materially misstated.
◦ true
◦ false

Question 2

Zero risk is certainty, and a 100% audit risk is complete uncertainty.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by ahunt13 on Aug 21, 2022

kalimarie

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ahunt13

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

at

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Reply 3 on: Yesterday
Excellent

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