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The Risk Model Is Defined as AR = IR 

Question 26

Multiple Choice

The risk model is defined as AR = IR  CR  DR.The risk of assessing control risk too low can lead to ________.


A) the auditor performing more work than needed,thus wasting resources
B) the auditor failing to do additional work that should be done
C) poor choice of procedures
D) expanding sample sizes required for statistical sampling of account balances

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