The susceptibility of an assertion about a class of transaction, account balance or disclosure to a misstatement that could be material either individually or when aggregated with other misstatement, before consideration of any related control is defined as Inherent Risk Control Risk Detection Risk Audit Risk
The susceptibility of an assertion about a class of transaction, account balance or disclosure to a misstatement that could be material either individually or when aggregated with other misstatement, before consideration of any related control is defined as Inherent Risk Control Risk Detection Risk Audit Risk
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 8QTD
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Question 17
12
W
13 14
The susceptibility of an assertion about a class of transaction, account balance or
disclosure to a misstatement that could be material either individually or when
aggregated with other misstatement, before consideration of any related control is
defined as:
15
Revisit Later
16
17 18
Attempted: 12/20
19
20
Select an option
Inherent Risk
Control Risk
Detection Risk
Audit Risk
H](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3d4e799d-eae9-4549-ae40-301a8ac45fbf%2F28cf1e55-1a4a-42a8-a0ef-266288516243%2F0wpd4r_processed.jpeg&w=3840&q=75)
Transcribed Image Text:+
Question 17
12
W
13 14
The susceptibility of an assertion about a class of transaction, account balance or
disclosure to a misstatement that could be material either individually or when
aggregated with other misstatement, before consideration of any related control is
defined as:
15
Revisit Later
16
17 18
Attempted: 12/20
19
20
Select an option
Inherent Risk
Control Risk
Detection Risk
Audit Risk
H
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