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Author Question: If the audit assurance rate is 95%, then the level of acceptable audit risk is 5%. (Read 67 times)

Maddie9229

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on: Aug 21, 2022

Question 1

If acceptable audit risk is low, and inherent risk and control risk are both low, then planned detection risk should be high.
◦ true
◦ false

Question 2

If the audit assurance rate is 95%, then the level of acceptable audit risk is 5%.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Maddie9229 on Aug 21, 2022

miro2222

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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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Maddie9229

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

adf223

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Reply 3 on: Yesterday
Wow, this really help

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