As the Acceptable Level of Detection Risk Decreases, an Auditor

Multiple Choice

As the acceptable level of detection risk decreases, an auditor may:

A) Reduce substantive testing by relying on the assessments of inherent risk and control risk.
B) Postpone the planned timing of substantive tests from interim dates to the year-end.
C) Eliminate the assessed level of inherent risk from consideration as a planning factor.
D) Lower the assessed level of control risk.