For each situation listed below, identify the component of audit risk that is most directly exemplified for example, if you believe that the first situation is an example of detection risk, write: 1-Detection Risk. Situations: 1 The client changed its business model during the year to focus on online sales to the expanding overseas market 2 Credit checks were performed by a staff member who was not independent of the sales department 3 Separation of duties over cash handling is inadequate 4 The auditor did not personally attend the client's stock take, as required by the relevant auditing standard