The Auditor Is Performing Substantive Tests Several Months Before the End

Multiple Choice

The auditor is performing substantive tests several months before the end of the year. This most likely means that:

A) inherent risk is set at moderate to high.
B) detection risk is set at low to very low.
C) control risk is set at slightly below maximum to maximum.
D) control risk is set at maximum.
E) detection risk is set at moderate to high.