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AFE · Question #82

The maximum error in the population that the auditor is willing to accept is called:

The correct answer is C. Both A & B. See the full explanation below for the reasoning.

Question

The maximum error in the population that the auditor is willing to accept is called:

Options

  • ARisk of material misstatement
  • Bdetection of risk
  • CBoth A & B
  • DNeither A nor B

How the community answered

(27 responses)
  • A
    11% (3)
  • B
    4% (1)
  • C
    81% (22)
  • D
    4% (1)

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