As the auditor of Log Limited, you have noted the following situation during the audit. There has been significant increase in the competitiveness of the audit client s industry, with several competitors expanding their product offerings and new market entrants. This has adversely affected the audit client's profit growth, which has fallen by 10% over the financial year. This will have the following effect on the audit risk model:

	A.	Increase in Inherent risk and Decrease in Control risk
	B.	Increase in Inherent Risk and Decrease in Detection Risk
	C.	Decrease in Inherent Risk and Decrease in Detection Risk
	D.	Decrease in Control Risk and Increase in Detection Risk