1-If an auditor checks the client's additions or computations, this is the evidence-gathering technique called

recalculation.

inspecting.

re-performance.

inquiry.

2-Which of the following accurately describes audit risk?

the risk that the auditor will issue the wrong opinion

controlled by the entity's management

audit risk is typically assessed at 95%

audit risk can be entirely eliminated

3-Which of the following does the auditor NOT consider when assessing the inherent risk of an entity?

previous experience with the client

entity's internal controls

nature of the business

type of industry