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eFishie eFishie
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Posts: 689
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7 years ago
When inherent risk is assessed as higher (i.e. more material errors are likely to exist) and control risk is assessed the same from one year to the next, what is the likely effect on detection risk? Detection risk will
A) increase.
B) decrease.
C) stay the same.
D) need less documentation.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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victroxvictrox
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Posts: 445
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7 years ago
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eFishie Author
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7 years ago
Just got PERFECT on my quiz
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Yesterday
Smart ... Thanks!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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