Auditors would plan for audit procedures that may result in lower quality evidence and possibly a decreased quantity of evidence for that assertion ________.
A)when detection risk is high
B)when audit risk is low
C)when management risk is low
D)when control risk is high

Question

Quizplus · Accepted Answer

When detection risk is high, auditors would plan for audit procedures that may result in lower quality evidence and possibly a decreased quantity of evidence for that assertion. This is because in such scenarios, there is an increased risk that the auditor may not detect a material misstatement even if it exists, and hence auditors would plan for more rigorous testing to reduce detection risk.

Auditors Would Plan for Audit Procedures That May Result in Lower