If the desired overall assurance from audit is 95%, the inherent risk – McqOptions

MCQOPTIONS

1.	If the desired overall assurance from audit is 95%, the inherent risk is 40% and the control risk is 50%, what would be the desired assurance from substantive tests
A.	90%
B.	95%
C.	99%
D.	75%
Answer» E.

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