Manny Regimbald Is Concerned About the Audit of a High-Risk

question 17

Multiple Choice

Manny Regimbald is concerned about the audit of a high-risk client, the Lewiston Stampeders. He believes that there is a high likelihood that because his audit team is inexperienced, the testing procedures will not detect a material misstatement. This is a(n)

• A) audit risk.
• B) control risk.
• C) detection risk.
• D) none of the above

---

Definitions:

Listener Apprehension

Fear of misunderstanding, misinterpreting, or being unable to adjust to the spoken messages of others.

Presentation

The act of showing, demonstrating, or delivering information to an audience.

City Council

A governing body responsible for making decisions on local laws, policies, and regulations in a city.

Conversational Narcissism

A focus on personal agendas and self-absorption rather than on the needs and ideas of others.