Auditing Principles and Practices is the way of presenting the financial data in a much better position than the original A. Falsification of manipulation of accounts B. Window dressing D. Misappropriation of goods C. Errors of commission E. None of the above is prevented or detected on a timely basis by the company's internal control? is the risk that occurs when a material misstatement in an assertion will not be A. Inherent risk D. Internal risk B. Detection risk E. None of the above C. Control risk

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Auditing Principles and Practices is the way of presenting the financial data in a much better position than the original A. Falsification of manipulation of accounts B. Window dressing D. Misappropriation of goods C. Errors of commission E. None of the above is prevented or detected on a timely basis by the company's internal control? is the risk that occurs when a material misstatement in an assertion will not be A. Inherent risk D. Internal risk B. Detection risk E. None of the above C. Control risk

Answer 1

* **Window dressing** is the way of presenting financial data in a much better position than the original. It often involves manipulating accounting practices to create a more favorable impression of a company's financial performance. While not necessarily illegal, it can be misleading. So the answer is **B. Window dressing**.* **Control risk** is the risk that a material misstatement in an assertion will not be prevented or detected on a timely basis by the company's internal control. This means the company's internal controls, designed to catch errors and fraud, fail to do so. So the answer is **C. Control risk**.

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