10. The acceptable level of detection risk is inversely related to the A. Assurance provided by substantive procedures. B. Risk of misapplying auditing procedures. C. Preliminary judgment about materiality levels. D. Risk of failing to discover material misstatements.
10. The acceptable level of detection risk is inversely related to the A. Assurance provided by substantive procedures. B. Risk of misapplying auditing procedures. C. Preliminary judgment about materiality levels. D. Risk of failing to discover material misstatements.
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
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
Problem 17RQSC
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acc1
![10. The acceptable level of detection risk is inversely
related to the
A. Assurance provided by substantive
procedures.
B. Risk of misapplying auditing procedures.
C. Preliminary judgment about materiality levels.
D. Risk of failing to discover material
misstatements.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F040343b0-7912-45a7-9076-4d004977227b%2F1cec11d8-3700-4c0d-9332-0bb4fd14a8f6%2Fjm10b2_processed.png&w=3840&q=75)
Transcribed Image Text:10. The acceptable level of detection risk is inversely
related to the
A. Assurance provided by substantive
procedures.
B. Risk of misapplying auditing procedures.
C. Preliminary judgment about materiality levels.
D. Risk of failing to discover material
misstatements.
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