For the following situation indicate if the detection risk is low, medium, or high based on the description of the substantive testing and control testing performed. Accounts payable-auditor choose to send out corrmations for significant, small & zero dollar vendor balances, and send confirms to vendors that don't send out vendor statements. Perform cash disbursement cut-off testing to search for unrecorded liabilities. Vouch a sample of transactions to supporting evidence. Trace balances from vendor statements to the account payables report. Auditor choose not to test controls. Accounts Receivable Auditor choose to rely on some controls and test them. Auditor choose to perform some analytical procedures and perform accounts receivable confirmation for a sample of AR balances with customers. It confirms were not received alternative procedures were performed Medium Inventory: Auditor choose to Rely heavily on controls and controls were tested and found to be working, CPA choose to perform the minimum amount of required procedures such as observation for only material inventory items throughout the period (cycle) rather than at year. end. Performed rolforward procedures between the cycle counts performed at an Interim date and the end of the year Cash: Performing test of key controls such as bank reconciliations during the year. Re. performing the bank reconciliation at year-end. Sending out cash confirmations at year-end for all bank accounts. Testing bank transfers around year-end for proper cutoff A Low B c. High