Information Risk is defined as:
A. the risk that the internal controls will not prevent or detect a misstatement in the financial statements.
B. the risk that auditor is has followed appropriate auditing standards and issued a standard unqualified opinion, and the financial statements contain a material misstatement.
C. the risk that an assertion contains a misstatement, before considering internal controls.
D. the risk that information circulated by a company's management will be false or misleading.
Answer: D
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