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1) Inherent Risk
2) Residual Risk
3) Control Risk
4) Detection Risk
From the point of view of management, the risk can be defined in various ways due to different criteria
1) Inherent Risk
Choice "1" is correct. Both the risk of material misstatement (including control risk and inherent risk) and detection risk may be assessed in quantitative terms such as percentages or in nonquantitative terms that range , for example, from a minimum to a maximum.
1) ***************Inherent Risk
1) Inherent Risk is the correct answer
Answer A
Like all inherent risk
Answer option (1) >>>>>>>>> Inherent Risk
* the correct answer is 1) Inherent Risk
option is ANSWER ---------A
My answer is option 1- Inherent Risk. Thank you.
1) >>>>>>>>>>>>>>>>>Inherent Risk
