Question Details

Three factors the auditor considers when assessing control risk 



1.
	Contrast the circumstances in which the auditor would choose not to test controls with those in which he or she would perform tests of controls.


2.
	Three factors the auditor considers when assessing control risk are: the auditor- belief concerning the effectiveness of internal controls, the results of tests of controls, and the cost-effectiveness of a reduced assessed control risk. Identify the combination of conditions for these three factors that is required before a reduction in substantive testing is permitted.





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