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The risk that an auditor will not detect a material misstatement is:

A. Control Risk

 

B. Inherent Risk

 

C. Expected Misstatement

 

D. None of the above

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Question added by Riaz Ahammed , Financial Accountant , UTC Climate Controls & Security
Date Posted: 2015/04/21
imran Noor -
by imran Noor - , Audit Officer , Auditor General of Pakistan

The correct answer is option (D). It is Audit Risk.

Saidul Alam
by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

D. None of Above. The correct answer is Detection Risk.

Almutaz Bakry Sidahmed
by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate

None of the above answer (d)===========

Abdulmalik Salau
by Abdulmalik Salau , Student , UUM

The risk that an auditor will not detect a misstatement is detection risk, therefore D should be the right choice of answer. 

Talal Tashfeen Qayyum
by Talal Tashfeen Qayyum , Country Credit Controller , Thomson Reuters

B)) Inherent Risk is the correct answer.

lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct answer is B. Inherent Risk an auditor will not detect a material misstatement

Muhammad Rehan Tahir  ACCA
by Muhammad Rehan Tahir ACCA , Treasury Manager , Farouk, Maamoun Tamer & Company

Option D is correct.

The risk that an auditor will not detect a material misstatement is "Detection risk".

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