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Other Fields Homework Help Accounting Topic started by: eFishie on Jul 19, 2017



Title: Audit risk is a measure of
Post by: eFishie on Jul 19, 2017
Audit risk is a measure of
A) the auditor's assessment of the likelihood that a material misstatement might occur in the first place.
B) the probability that the financial statements contain errors.
C) how willing the auditor is to accept that the financial statements may be materially misstated after the audit is completed.
D) the probability that errors in the financial statements that were not detected by the internal controls of the firm are not detected by the auditor.


Title: Re: Audit risk is a measure of
Post by: inthe80s on Jul 19, 2017
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Title: Re: Audit risk is a measure of
Post by: eFishie on Nov 1, 2017
:D Marking this one solved