This statement is not correct.
There is an inverse relationship between detection risks and the combined level of inherent and control risks.
When inherent and control risks are high, acceptable detection risk needs to be low to reduce audit risk to an acceptably low level.
When inherent and control risks are low, an auditor can accept a higher detection risk and still reduce audit risks to an acceptably low level.
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My Dear ,
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Anu, Thakurani's bestie