Auditing & Assurance Services 8th Edition By Timothy Louwers

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1) Control risk is A) the probability that a material misstatement could not be prevented or detected by the entity's internal control policies and procedures. B) the probability that a material ... misstatement could occur and not be detected by auditors' procedures. C) the risk that auditors will not be able to complete the audit on a timely basis. D) the risk that auditors will not properly control the staff on the audit engagement. 2) The responsibilities principle under generally accepted auditing standards does not include which of the following? A) Competence and capabilities. B) Independent attitude. C) Due care. D) Planning and supervision. 3) Which of the following types of auditors' reports does not require additional information to support the opinion? A) Unmodified opinion. B) Adverse opinion. C) Qualified opinion. D) Disclaimer of opinion. [Show More]

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