2 Under which of the following circumstances should an auditor consider sales class of transactions is a risky account? tot O When the assessed level of control risk over the sale is low. O When the assessed level of detection risk over the sale is high. O When the combined assessed level of inherent and control risk over the sale is low. O When the combined assessed level of inherent and control risk over the sale is high 23 In auditing related party transactions, an auditor ordinarily places primary emphasis on: ed out of The probability that related party transactions will recur. O Confirming the existence of the related parties. O Verifying the valuation of the related party transactions. O The adequacy of the disclosure of the related party transactions. n