As the Risk of Material Misstatement Increases, What Happens with Detection

question 56

Multiple Choice

As the risk of material misstatement increases, what happens with detection risk?

• A) Medium increase.
• B) Stay the same.
• C) Decrease.
• D) Severely increase.

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Definitions:

Social Loafing

The tendency of individuals to exert less effort when working in a group than when working alone.

Social Norm

Unwritten rules or expectations for behavior in a given society or group that guide and constrain individual behavior, promoting social order and cohesion.

Drink Coffee

The act of consuming a beverage made by brewing roasted and ground beans from the Coffea plant.

Airline Meals

Pre-packaged meals served to passengers on airplanes, often varying in quality and choice depending on the airline and class of service.