Manny Regimbald Is Concerned About the Audit of a High

question 37

Multiple Choice

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

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

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