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kady kady
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A year ago
In a financial statement audit, inherent risk is evaluated to help an auditor assess which of the following?

▸ the internal audit department's objectivity in reporting a material misstatement of a financial statement assertion it detects to the audit committee

▸ the risk that the internal control system will not detect a material misstatement of a financial statement assertion

▸ the risk that the audit procedures implemented will not detect a material misstatement of a financial statement assertion

▸ the susceptibility of a financial statement assertion to a material misstatement, assuming there are no related controls
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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drdaviddrdavid
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kady Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
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Thanks for your help!!
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Helped a lot
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