On the basis of audit evidence gathered and evaluated, an auditor decides to increase the assessed level of control risk from that originally planned.To achieve an overall audit risk level that is substantially the same as the planned audit risk level, the auditor would
A)Decrease substantive testing.
B)Decrease detection risk.
C)Increase inherent risk.
D)Increase materiality levels.

Question

Quizplus · Accepted Answer

To maintain the same overall audit risk level, the auditor would decrease detection risk by increasing substantive testing, thereby compensating for the increased control risk.

On the Basis of Audit Evidence Gathered and Evaluated, an Auditor