Risk Assessment Procedures Are Performed by the Auditor to Assess

Multiple Choice

Risk assessment procedures are performed by the auditor to assess the risk of material misstatement in the financial statements. Below are four types of further audit procedures the auditor should perform that provide the basis for the auditor's opinion. Which of these are compliance procedures?
1) Tests of controls
2) Tests of details of balances
3) Substantive tests of transactions
4) Substantive analytical procedures

A) 1, 2, and 3
B) 2, 3, and 4
C) 1 only
D) 1 and 2