DETECTION RISK Definition

Bookmark and Share

DETECTION RISK is the risk that audit procedures will lead to a conclusion that material error does not exist when in fact such error does exist.

Learn new Accounting Terms

SDCF is Sales & Distribution Cash Flow.

STRIPPED PRICE, for a preferred stock, is the market price minus the theoretical dividend.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.