Assume you are the audit senior of High-tech Limited (HTL) and currently planning the audit for the financial year ended 30 June 2020. You have obtained the following information: Your firm has audited HTL since its incorporation six years ago. During this entire period, HTL has been given unmodified audit reports. HTL manufactures high-tech car components and exports these exclusively to Japan. The Japanese market has grown exponentially in the last few years. It has become the companys most significant customer base, representing 60% of HTLs revenue. Most of the contracts are payable in $US or local currency. The ongoing Covid-19 economic crisis and related currency downgrading is having a significant impact on most world economies, including Australia. Required: From the above information provided in relation to HTL: 1. Identify TWO key accounts that are at risk of misstatement due to fraud. 2. For each account identified in (1) above: (a) Provide a brief explanation as to why the account is at risk: (b) List the key assertion where audit efforts should be concentrated; and (c) Describe substantive test of detail you would perform to gather sufficient appropriate audit evidence in relation to the assertion identified in (b) above.