(A) Risk of incorrect rejection
(B) Risk of incorrect acceptance
(C) Risk of over reliance
(D) Both B and C
Answer: (D) Both B and C
Effectiveness of audit can be affect by risk of incorrect acceptance and risk of over reliance.
(A) Risk of incorrect rejection
(B) Risk of incorrect acceptance
(C) Risk of over reliance
(D) Both B and C
Answer: (D) Both B and C
Effectiveness of audit can be affect by risk of incorrect acceptance and risk of over reliance.