In practice, auditors rarely assign numerical probabilities to inherent risk, control risk, or audit risk. It is more common to assess these risks as high, medium, or low. For each of the four situations below, fill in the blanks for detection risk and the amount of evidence you would plan to gather ("planned evidence") using the terms high, medium, or low. SITUATION 1 Audit risk Low Inherent risk High Control risk High Detection risk Planned evidence 2 Low Low Low 3 High Low Medium 4 High Low Low