The probability that an auditor's procedures
leading to the conclusion that a material
error does not exist in an account balance
when, in fact, such error does exist is
referred to as
a. Prevention risk.
b. Detection risk.
c. Inherent risk.
d. Control risk
leading to the conclusion that a material
error does not exist in an account balance
when, in fact, such error does exist is
referred to as
a. Prevention risk.
b. Detection risk.
c. Inherent risk.
d. Control risk