Auditing and Assurance Services 1st Edition by Iris Stuart

Exercise 14

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 from the maximum level to below the maximum.