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dusya [7]
2 years ago
7

The chance that the audit team's substantive procedures will fail to uncover a material misstatement is called ______ risk.

Social Studies
1 answer:
satela [25.4K]2 years ago
4 0

The chance that the audit team's substantive procedures will fail to uncover a material misstatement is called <u>detection</u> risk.

Detection risk tends to occur when an auditor fails in order to identify a material misstatement in a company's financial statements. Such misstatements might be due to either error or fraud. The work of auditors is to make use of the audit procedures in order to detect such material misstatements.

There can always be a certain amount of detection risk that will exist. So here the auditor's goal is to lower the detection risk so that the for overall audit risk remains in an acceptable level.

Hence, suppose if an auditor fails to implement the correct audit procedures, detection risk can reach unacceptable levels.

To learn more about detection risk here:

brainly.com/question/4298484

#SPJ4

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The answer to the question is d.

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Strike team has multiple units of the same resource category that assigned to the strike team leader and task force is a combination of any single resources.

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John typically sits quietly in his desk and listens intently to his teacher. He gets very nervous when called on to answer a que
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Answer:

A.

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5 0
3 years ago
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____ means giving employees greater involvement in their jobs and the organization's operations by increasing their participatio
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Learn more about Empowerment  visit here:

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5 0
1 year ago
The Japanese government has raised the __________ to ensure that funds are available for the elderly
lara31 [8.8K]
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4 0
3 years ago
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Bharat mein Aisi Rajwada ke kikkaran mein Sardar Patel dwara Nibhai Bhumika ko uchit mulyankan Karen​
Volgvan

Answer:

रियासतों का विलय स्वतंत्र भारत की पहली उपलब्धि थी और निर्विवाद रूप से पटेल का इसमें विशेष योगदान था. स्वतंत्र भारत के पहले तीन साल सरदार पटेल देश के उप-प्रधानमंत्री, गृहमंत्री, सूचना प्रसारण मंत्री रहे. पटेल ने भारतीय संघ में उन रियासतों का विलय किया, जो स्वयं में संप्रभुता प्राप्त थीं

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