On the Basis of Audit Evidence Gathered and Evaluated, an Auditor

Multiple Choice

On the basis of audit evidence gathered and evaluated, an auditor decides to increase the assessed level of control risk, and therefore the risk of material misstatement, from that originally planned. To achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor would:

A) Increase inherent risk.
B) Increase materiality levels.
C) Decrease substantive testing.
D) Decrease detection risk.