Control risk is assessed at _______?

کنٹرول رسک کا اندازہ _______ پر کیا جاتا ہے؟

Overall financial statement level

Fraud risk factor level

Financial statement assertion level

None of these

Control risk is assessed at the financial statement assertion level to evaluate the reliability of financial reporting.

It helps auditors determine the likelihood of misstatements due to weaknesses in internal controls.