6.1 (18 marks 22 minutes) 1. Define audit risk. 2. Define significant risk. 3. Define control risk. 4. Define detection risk. 5. Into which constituent element of audit risk does management override fall? 6. Explain the assertions relating to "presentation and disclosure". 7. The auditor does not have control over all constituent elements of audit risk. Explain. 8. Under what circumstances may an auditor ignore risk which may result in material misstatement? 9. Explain the following assertions:- 9.19.29.39.4OccurrenceAccuracycut-offclassification 10. In general terms how is detection risk kept to an acceptable level