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Home > QFINANCE Dictionary > Definition of control risk

Definition of

control risk

Risk

likelihood of firm's control system allowing errors the part of an audit risk that relates to a client's internal control system

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Definitions of ’control risk’ and meaning of ’control risk’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’control risk’ and other financial terms with our online QFINANCE Financial Dictionary.

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