An Auditor Has Computed the Revised Level of Detection Risk

Multiple Choice

An auditor has computed the revised level of detection risk by direct use of the audit risk model. This means that the auditor must have:

A) assessed control risk at the maximum.
B) used a flowchart to document the understanding of the complete internal control structure.
C) used the primarily substantive approach in planning the audit.
D) quantified all the relevant risk assessments.
E) assessed detection risk at the minimum.