Risk Response at the Financial Statement Level Is Affected by _______

Multiple Choice

Risk response at the financial statement level is affected by _______.

A) the auditor's understanding of the auditor's control environment and the assessed risk of material misstatement due to fraud
B) the auditor's understanding of the entity's control environment and the assessed risk of material misstatement due to fraud
C) the internal auditor's system of internal control
D) the prior auditor's current assessment of audit risk