After Extrapolating the Results of Performing Substantive Tests on a Sample

After extrapolating the results of performing substantive tests on a sample of accounts from the accounts receivable subsidiary ledger,Allen CPA concluded that the accounts receivable balance was materially misstated.In fact,the balance was materially correct.This situation illustrates the risk of ________.

A) incorrect rejection
B) incorrect acceptance
C) assessing control risk too low
D) assessing control risk too high

Correct Answer:

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