As control risk increases, the amount of substantive evidence the auditor plans to accumulate should increase.

Name: As control risk increases, the amount of substantive evidence the auditor plans to accumulate should increase.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

As control risk increases, the auditor cannot rely on the controls in place to reduce the risk of material misstatements. Therefore, the auditor needs to increase the amount of substantive evidence gathered to obtain the necessary level of assurance.

As Control Risk Increases, the Amount of Substantive Evidence the Auditor