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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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andrew jackson was the most openly partisan and politically involved president up to that point in history.True or False
Molodets [167]

True, Andrew Jackson was the most openly partisan and politically involved president in history up to that point.

A partisan is an ardent supporter of a political party or army. In multi-party systems, the term refers to people who strongly support the policies of their party and are unwilling to compromise with political opponents. A political partisan is not the same as a military partisan.

This is similar to agenda bias in that it exists primarily when the emphasis is on politicians and how they choose to cover and present preferred policy discussions and issues.

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3 0
1 year ago
How do you block other peoples thoughts
Alex73 [517]
That is very hard. We can not control our thoughts, but we can focus our energy on something else that makes up block their thoughts.

"Where your focus goes, your energy flows"

When you focus on other people's thoughts all ur energy is toward that, and you will keep thinking about them. Do something cool, work on ur dream, eat some food, and watch a good movie. Whatever u want or think u can attract it by being positive and saying to your self, I am more, and worth it. and say I'm thinking about me, myself, and my love of whatever or dream lol :DD
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