Audit risks for particular accounts and disclosures can be conceptualised in a model such that Audit risk (AR) = Inherent risk (IR) x Internal control risk (CR) x Detection risk (DR). Using this audit risk model as a framework and decide whether the auditors conclusion in each of the independent situations below is appropriate.

Shailey, a CPA, was assigned to audit a medium sized fashion retailing company, SSENZ Ltd. Shailey claimed that when control risk is high, detection risk is also high given the audit risk and inherent risk remain constant. Do you agree? Explain your answers (Instead of providing mathematical reasons, it is important to offer the intuition behind a concept)