When there is a low risk of material misstatement with an assertion and the client's...
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When there is a low risk of material misstatement with an assertion and the client's system of internal controls is considered effective at reducing risk, Question options: A inherent risk is set to medium B control risk is ignored C detection risk is set at high D detection risk is set at low
When there is a low risk of material misstatement with an assertion and the client's system of internal controls is considered effective at reducing risk,
Question options:
A
inherent risk is set to medium
B
control risk is ignored
C
detection risk is set at high
D
detection risk is set at low
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