Which of the Following Statements Relating to Identifying Strengths and Weaknesses

Multiple Choice

Which of the following statements relating to identifying strengths and weaknesses in a system of internal controls are true? (choose two options)

A) If the auditor identifies internal control weaknesses, the risk of material misstatements being undetected by management's processes and controls increases.
B) The auditor typically performs additional substantive testing in the areas of internal control weakness in order to identify and quantify potential material misstatement.
C) There is no link between weaknesses in internal controls (that is, observations that controls being tested did not operate as intended) and the level of substantive procedures required.
D) When the auditor identifies internal control weaknesses, the auditor will consider a lower assessed level of control risk approach for assertions influenced by these weaknesses.