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| In a financial statement audit, inherent risk is evaluated to help an auditor assess which of the following? A. The internal audit department’s objectivity in reporting a material misstatement of a financial statement assertion it detects to the audit committee. B. The risk that the internal control system will not detect a material misstatement of a financial statement assertion. C. The risk that the audit procedures implemented will not detect a material misstatement of a financial statement assertion. D. The susceptibility of a financial statement assertion to a material misstatement assuming there are no related controls. |
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