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Auditing and Fraud
Question or Hint
Answer or Word
- Which of the following is not an audit type? External (wrong answers: Financial, Operational, Compliance, External)
- Which of the following is not an audit assertion? Re-computation (wrong answers: Existence, Completeness, Cut-off, Re-computation, Classification)
- Which of the following is not a component of the audit risk model? Corrective Risk (wrong answers: Inherent Risk, Corrective Risk, Detection Risk, Control Risk)
- Which of the following is an audit risk? Unqualified opinion on materially misstated financial statements (wrong answers: Unqualified opinion on materially misstated financial statements, Loss of customers, Cash flow problems, Litigations and claims, unqualified opinion on materially misstated financial statements, Loss of customers)
