Detection risk may arise from
AChanges in tax law
BHigher client profit
CSampling or other error
DMarket competition
Answer & Solution
Correct answer: C. Sampling or other error
Procedures can fail to detect a material error because the sample is unrepresentative or because of other human error.
Keep practising Audit Evidence
Browse all Audit Evidence questions for CA Final, or explore more Auditing topics.
Related questions
The opinion on financial statements depends on theStatements are true and fair when they are free ofBecause audits give only reasonable assurance, auditors often adoptWorking papers may take the form of aAudit working papers are the property of theData an auditor uses across many years is placed in theAudit working papers help show that the audit wasDuties are not clearly separated in an entity. This most raises