If the Auditor Determines That an Effective Compensating Control Does

Multiple Choice

If the auditor determines that an effective compensating control does not exist, or tests of controls show that the compensating control is not functioning as designed, _______.

A) the auditor revises the overall audit risk assessment for the related account and assertion, and the planned audit strategy
B) the auditor makes no changes to the overall audit risk assessment for the related account and assertion, and the planned audit strategy
C) the auditor concludes that internal control is weak, and issues an appropriate opinion
D) the auditor would lower inherent risk surrounding the engagement as a whole