Which type of risk has been illustrated in Safe Haven?

Pahari Robert has been appointed the auditor of Safe Haven which has a year end of 31 May. Safe Haven is a small registered charity based in a small town in Warshire. The organisation provides shelter for abandoned dogs and puppies with the aim of finding new homes for as many as possible.

Safe Haven also employs a number of paid employees. The shelter is managed by John and Jane Sheldon, who are husband and wife. Safe Haven has a high turnover of staff in the accounts department.

Which type of risk has been illustrated in Safe Haven?
A . Inherent risk
B . Control risk
C . Detection risk
D . Audit risk

View Answer

Answer: B