An auditor audits the third party transactions and online transactions of a bank which has two payment gateways from two different service providers.He is checking for any unauthorised modifications and thefts in the transactions.
What is he auditing for..........Inherent Risk or Detection Risk., Please clarify and explain.
Even I gave the same answer... But it is given INHERENT risk
Karia Overseas
Ahmedabad
CA
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V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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CAclubindia
