中国大学MOOC: The definition of the risk of material misstatement is Inherent Risk × Control Risk × Detection Risk”. Is this statement true or false?
举一反三
- The definition of the risk of material misstatement is 'Inherent Risk × Control Risk × Detection Risk.（ ）
- If acceptable audit risk is low, and inherent risk and control risk are both low, then planned detection risk should be high. （ ）
- 中国大学MOOC: 1. Audit risk represents the risk that the auditor will give an inappropriate opinion on the financial statements when the financial statements are materially misstated. Which of the following categories of risk can be controlled by the auditor?Category of risk:(1) Control risk(2) Detection risk(3) Sampling risk
- Material misstatement risk includes two levels: one is financial statement level and the other level is assertion level.
- Material misstatement risk includes two levels: one is financial statement level and the other level is assertion level. A: 正确 B: 错误