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What term is used to refer to the probability that an accounting error or irregularity is detected and reported?

International Accounting
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Question added by Khaled Hakim , Branch Finance Section Head , Secutronic El-Eatesam Modern Marketing Co
Date Posted: 2014/08/15
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Sikandar Hayat Bangash
by Sikandar Hayat Bangash , Audit Associate , Reanda Haroon Zakaria & Company Chartered Accountants -Part of Reanda International Network Limited

What term is used to refer to the probability that an accounting error or irregularity is detected and reported?

Mr.Khaled Hakim, Detection probability or risk is frequently used in audit for such defination

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