What is intended by control risk

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Reference no: EM1379861

What is intended by control risk? What is the consequence on the amount of evidence the auditor must gather as well as evaluate when control risk is decreased from high to low?

What is denoted by inherent risk? Identify four influences that make for high inherent risk in audits.

What is denoted by acceptable audit risk? What is its significance to evidence accumulation?

What is intended by planned detection risk? What is the result on the amount of evidence the auditor must gather as well as evaluate when planned detection risk is increased from medium to high?

Reference no: EM1379861

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What is intended by control risk : What is intended by control risk? What is the consequence on the amount of evidence the auditor must gather as well as evaluate when control risk is decreased from high to low?

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