Solution-How are audit risk and detection risk affected

How are audit risk and detection risk affected

Assignment Help Auditing

Reference no: EM13886939

What is the directional relationship between the risks of material misstatement (inherent and control risk) and both audit risk and detection risk? In other words, if the risks of material misstatement increase or decrease, how are audit risk and detection risk affected?

Reference no: EM13886939

Questions Cloud

Wrongness of action is determined by these consequences : Jane just finished a Pepsi and is wondering what to do with the can. She takes a moment and thinks about the actions available to her, and decides that she can either recycle the can or throw it on the ground. the rightness or wrongness of an action ..

Matrix of elastic constants : Do this by assuming uniaxial tension along [110] and expressing σ 1, σ 2,.. .,τ 12 in terms of σ [110]. Then use the matrix of elastic constants to ?nd e1, e2, . . .,γ 12, and ?nally resolve these strains onto the [110] axis to ?nd e[110].

What is smallest angle it can have for the pass to be legal : A rugby player runs with the ball directly toward his opponent's goal, along the positive direction of thex-axis. He can legally pass the ball to a teammate as long as the ball's velocity relative to the field does not have a positive x component.

Poorer service compared to the original system : Does this system provide better or poorer service compared to the original system? Discuss any differences and the reason for these differences.

How are audit risk and detection risk affected : What is the directional relationship between the risks of material misstatement (inherent and control risk) and both audit risk and detection risk? How are audit risk and detection risk affected?

Find the principal stresses in the sleeve : Find the principal stresses in the sleeve after it cools to 20?C. Assume that friction between the shaft and the sleeve prevents any sliding at the interface during cooling, and assume that the shaft is so massive and stiff that strains in the sha..

What seems to be working well in the culture : What seems to be working well in the culture and in the church in addressing some of these concerns? What ideas do you have to improve what is being offered, specifically through communities of faith? What are the barriers to such suggestions

Economic theory to business management : Managerial economics is the discipline which deals with application of "economic theory to business management" Discuss

Multiple regression model with three independent variables : Consider the multiple regression model with three independent variables, under the classical linear model assumptions MLR.1 through MLR.6: Let ˆ1 and ˆ2 denote the OLS estimators of 1 and 2. Find Var(ˆ1 3ˆ2) in terms of the variances of ˆ1 and ˆ2 and..

User Account

All Pages

How are audit risk and detection risk affected

Reference no: EM13886939

Reference no: EM13886939

Questions Cloud

Reviews

Write a Review

Auditing Questions & Answers

Internal audit

Accounting professional and ethical standards

Prepare swag''s consolidated balance sheet

Auditing and assurance

State of the company’s industry and associated risk factors

Prepare a memo to the audit partner

Adjusting or non- adjusting events

Audit financial data

Identify principal audit risk

Auditing and assurance

National health reform

Prepare a memo on the state of the company''s industry

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT