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Elements Which is correct a. Engagement risk and Acceptable Audit Risk Inverse Direct No Relationship b. Assessed Inherent Risk and Planned Detection Risk Inverse Direct
Elements | Which is correct | ||
a. Engagement risk and Acceptable Audit Risk | Inverse | Direct | No Relationship |
b. Assessed Inherent Risk and Planned Detection Risk | Inverse | Direct | No Relationship |
c. Materiality and Amount of Substantive Evidence Needed | Inverse | Direct | No Relationship |
d. Assessed Inherent Risk and Assessed Control Risk | Inverse | Direct | No Relationship |
e. Acceptable Audit Risk and Assessed Control Risk | Inverse | Direct | No Relationship |
f. Amount of Substantive Evidence collected and Achieved Detection Risk | Inverse | Direct | No Relationship |
g. Actual Inherent Risk and Actual Control Risk | Inverse | Direct | No Relationship |
h. Achieved Detection Risk and Achieved Audit Risk | Inverse | Direct | No Relationship |
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