American Bankers Association CTFA Exam - Topic 3 Question 104 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 104
Topic #: 3

[All CTFA Questions]

The maximum error in the population that the auditor is willing to accept is called:

ARisk of material misstatement

Bdetection of risk

CBoth A & B

DNeither A nor B

Show Suggested Answer

Suggested Answer: C

by Juliann at May 16, 2026, 11:58 AM

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