【每日一练】ACCA F8(Dec 2014)
作者:暖白
2019-07-22 09:40
Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question.
Is the following statement true or false? Audit risk is a function of two components, inherent risk and control risk.
A True
B False
Answer:
B
Audit risk is made up of two components being risk of material misstatement; inherent risk and control risk and also the risk that the auditor will not detect material misstatements being detection risk.

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