Answer all the following in detail in your own words. Each question carries 10 Marks. Question 1. Part A: Enlighten the following in your own words. [10 Marks] Define planning, Internal control, Design and implementation of internal control, Monitoring of controls, Methods for obtaining controls, and Inspecting the control activities Clarify Audit evidence, what issues need to be considered while evaluating the ongoing monitoring Part B: Elucidate the following in your own words. [10 Marks] Different types of risk and risk assessment based on evidence. [3 Marks] Analytical procedures, strategy-oriented framework [3 Marks] Materiality and audit planning memorandum. [4 Marks] Part c: Describe the Four-Phase Process of the analytical review process. Define data mining. Explain Analytical procedures as substantive tests. [10 Marks]