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Fill in the blank for planned detection risk for each balance-related audit objective using the terms low, medium, or high. Requirement b. Fill in the

Fill in the blank for planned detection risk for each balance-related audit objective using the terms low, medium, or high.

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Requirement b. Fill in the blank for planned detection risk for each balance-related audit objective using the terms low, medium, or high. Risk of Material Misstatements Planned Detection Risk Balance-Related Audit Objectives Existence Completeness Accuracy Cutoff Detail tie-in Realizable value Classification Rights and obligations Presentation Acceptable Audit Risk Low Medium Medium Medium Medium Low Medium Medium Medium Inherent Risk Medium Low Medium Medium Medium Control Risk Medium Medium Medium Low Low High Medium Low Low Medium Low Low Medium

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