Which of the Following Terms Best Describes the Risk That

question 41

Multiple Choice

Which of the following terms best describes the risk that audit evidence will fail to detect misstatements exceeding tolerable misstatement?

• A)Audit risk.
• B)Control risk.
• C)Detection risk.
• D)Inherent risk.

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Definitions:

Suppress Dissent

The act of forcefully putting an end to opposition or criticism, often through authoritarian means, to maintain control or suppress differing viewpoints.

Bolsheviks

A faction of the Russian socialist movement that seized power in Russia in 1917 and founded the Soviet Union.

Constitutional Democrats

A political ideology or party that advocates for governance according to a constitution that limits the powers of government and guarantees individual rights.

Provisional Government

A temporary government set up to manage the affairs of a state pending the establishment of a permanent government.