Explain how inherent risk, control risk and detection risk are interrelated. (AICPA adapted)

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter7: Planning The Audit: Identifying, Assessing, And Responding To The Risk Of Material Misstatement
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Explain how inherent risk, control risk and detection risk are interrelated. (AICPA adapted)

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