yorregos1537 yorregos1537
  • 24-02-2018
  • Business
contestada

How do inherent risk and control risk differ from detection risk?

Respuesta :

Wisely
Wisely Wisely
  • 24-02-2018
They exist independently of the audit of financial statements, whereas detection risk relates to the auditor's procedures and can be changed at his or her discretion. Detection risk should bear an inverse relationship to inherent and control risk.
Answer Link

Otras preguntas

Provide examples of the cost of quality based on your own experiences
(35 points)is x=1 and y=1 perpendicular or paralell to eachother or neither​
Can someone please help me??? ASAP
Brenda is cooking couscous. The recipe says she requires 480 grams of couscous for 4 people. How many will she need for 14?
Give a combinatorial proof that the cardinality of the power set of a finite set A is 2^|A|
The enthalpy of a pure liquid at 75oC is 100 J/mol. The enthalpy of the pure vapor of that substance at 75oC is 1000 J/mol. What is the heat of vaporization at
Assume that the array monthSales of integers has already been declared and that its elements contain sales data for the 12 months of the year in order (i.e., Ja
Entropy increase from solid to liquid to gas. T/F
Write a recursive function power(base, exponent) that, when invoked returns base exponent For example, power(3, 4)=3*3*3*3. Assume that exponent is an integer g
Can someone tell me why this isn’t a function? I thought it was because each input has an output.