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Using the Audit Risk Model, Audit Risk Describes Targeted Assurance

Question 59

Multiple Choice

Using the audit risk model, audit risk describes targeted assurance, while control risk and inherent risk are assessed based upon a variety of factors. Of the components of the audit risk model, which is most likely to be set to 100%?


A) audit risk
B) control risk
C) detection risk
D) inherent risk

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