2. a. b. Performance of audit work prior to year end (i.e., at interim) has certain disadvantages. Which of the following is a disadvantage of interim work?" The audit may be more efficient because the total time of the audit may be shorter." There is an increase risk of failing to detect material misstatements in the year-end financial statements. Early consideration can be given to significant matters affecting the statements. None of the above is a disadvantage. c. d