The Risk That an Auditor Will Conclude,based on Substantive Procedures,that

question 21

Multiple Choice

The risk that an auditor will conclude,based on substantive procedures,that a material error does not exist in an account balance when,in fact,such an error does exist is referred to as

• A) Sampling risk.
• B) Detection risk.
• C) Nonsampling risk.
• D) Inherent risk.

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Definitions:

Public Prosecutors

Government attorneys responsible for presenting cases against individuals accused of breaking the law.

Public Prosecutors

Government officials responsible for presenting cases against individuals or entities accused of breaking the law.

Public Prosecutor

An individual, acting as a trial lawyer, who initiates and conducts cases in the government's name and on behalf of the people.

Government Agency

A permanent or semi-permanent organization in the government that is responsible for the oversight and administration of specific functions.