Audit risk is ordinarily set by the auditor during planning and

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Audit risk is ordinarily set by the auditor during planning and

Audit risk is ordinarily set by the auditor during planning and
A) held constant for each major cycle and account.
B) held constant for each major cycle but varies by account.
C) varies by each major cycle and by each account.
D) varies by each major cycle but is constant by account.

Textbook

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

Edition: 12^th

Authors: Arens, Elder, Beasley, Splettstoesser

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