Business
Business, 12.11.2019 04:31, ceciliaxo

Which of the following statements is true regarding the concept of control risk? a. when control risk is high, the auditor is concerned that a misstatement may not be prevented, or that if a misstatement exists in the organization's financial statements that it will not be detected, and therefore corrected by management. b. some organizations have zero control risk because they have made a significant commitment to the effective design and operation of controls. c. control risk relates to the susceptibility of an assertion to a misstatement, due to either error or fraud, before consideration of any related controls. d. all of the above are true.

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Which of the following statements is true regarding the concept of control risk? a. when control ris...

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