Answered: The combination of inherent risk and…

The combination of inherent risk and control risk refers to: Detection risk Audit risk Risk of material misstatement Engagement risk

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

Section: Chapter Questions

Problem 10RQSC

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Question

The combination of inherent risk and control risk refers to: *
Detection risk
Audit risk
Risk of material misstatement
Engagement risk
None of the above

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