Planned detection risk and planned evidence are directly related; that is, as planned detection risk increases, planned audit evidence for tests of details of balances also increases.

Question

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As planned detection risk increases, the auditor plans to collect less evidence because they are willing to accept a higher risk that they will not detect material misstatements. Conversely, as planned detection risk decreases, the auditor plans to collect more evidence.

Planned Detection Risk and Planned Evidence Are Directly Related; That