After Performing Risk Assessment Procedures, an Auditor Decided Not to Perform

Multiple Choice

After performing risk assessment procedures, an auditor decided not to perform tests of controls. The auditor most likely decided that:

A) The available evidence obtained through tests of controls would not support an increased level of control risk.
B) A reduction in the assessed level of control risk is justified for certain financial statement assertions.
C) It would be inefficient to perform tests of controls that would result in a reduction in planned substantive tests.
D) The assessed level of inherent risk exceeded the assessed level of control risk.