This topic contains a solution. Click here to go to the answer

Author Question: Which is a true statement about audit risk? (Read 39 times)

jojoperlo_

  • Full Member
  • ***
  • Posts: 152
Which is a true statement about audit risk?
◦ Audit risk measures the risk that a material misstatement could occur and not be detected by internal control.
◦ When auditors decide on a higher acceptable audit risk, they want to be more certain that the financial statements are not materially misstated.
◦ Audit assurance is the complement of acceptable audit risk.
◦ There is an inverse relationship between acceptable audit risk and planned detection risk.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jojoperlo_ on Aug 21, 2022

Rcfelber

  • Full Member
  • ***
  • Posts: 151
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.
Answer Preview
Only 39% of students answer this correctly




jojoperlo_

  • Member
  • Posts: 152
Reply 2 on: Aug 21, 2022
Gracias!


ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library