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Detection risk for a test of details includes which of the following? I. Inherent risk II....

Detection risk for a test of details includes which of the following?

I. Inherent risk

II. The risk that the auditor will not detect a misstatement

III. Control risk

A. I and II only.

B. I and III only.

C. II only.

D. I, II, and III.

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Answer #1

Detection risk for a test of details includes:-

II. The risk that the auditor will not detect a misstatement

The answer is C. II only.

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