Which of the following is a correct relationship? Group of answer choices A. Control risk and...

Which of the following is a correct relationship?

Group of answer choices

A. Control risk and planned detection risk have a direct relationship.

B. Acceptable audit risk and planned detection risk have an inverse relationship.

C. Planned detection risk and inherent risk have an inverse relationship.

D. All of the above are correct relationships.

Expert Solution

The following is a correct relationship:

C. Planned detection risk and inherent risk have an inverse relationship.

Explanation:

Option A is not correct because control risk and planned detection risk have an inverse relationship.

Option B is not correct because acceptable audit risk and planned detection risk have a direct relationship.

Option D is not correct because options A and B are not correct.

ekkarill92 answered 2 years ago

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