The Possibility That a Material Error Will Occur Even Though

question 74

Multiple Choice

The possibility that a material error will occur even though auditors are following audit procedures and using good judgment is referred to as

• A)control risk.
• B)detection risk.
• C)inherent risk.
• D)investigating risk.

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Definitions:

Polite Responses

Courteous and respectful replies or reactions in a conversation or exchange.

Interviewer Error

Mistakes or biases on the part of the interviewer that can affect the fairness, accuracy, or outcome of an interview process.

Sensitive Questions

Queries that may cause discomfort or distress due to their personal, confidential, or controversial nature.

Anxiety-Producing

Causing or inducing a state of worry, nervousness, or unease.