Problem

Control risk isA. The probability that a material misstatement could not be prevented or d...

Control risk is

A. The probability that a material misstatement could not be prevented or detected by the entity’s internal control policies and procedures.

B. The probability that a material misstatement could occur and not be detected by auditors’ procedures.

C. The risk that auditors will not be able to complete the audit on a timely basis.

D. The risk that auditors will not properly control the staff on the audit engagement.

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