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



Title: If from last year to the current year's audit, inherent risk has stayed constant, but control risk ...
Post by: Cadish on Jul 19, 2017
If from last year to the current year's audit, inherent risk has stayed constant, but control risk is higher (it is more likely that controls do not detect material errors), what is the likely effect on detection risk? Detection risk will
A) increase.
B) decrease.
C) stay the same.
D) need less documentation.


Title: Re: If from last year to the current year's audit, inherent risk has stayed constant, but control ...
Post by: charleshardt on Jul 19, 2017
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Title: Re: If from last year to the current year's audit, inherent risk has stayed constant, but control risk ...
Post by: Cadish on Jul 24, 2018
Awesome helper :D