i.Risk assessments are prepared by management to identify weaknesses and help plan ways to mitigate the risks. 2. The Governmental Accounting Standard Board has the primary authority to establish general accepted accounting standards for CPAs. T F . The generally accepted auditing standards of field work include a requirement that the Auditors obtain sufficient competent evidential matter. 4 A preventative control is less effective than a detective control. T F s. Fraud is defined as failure to use normal care in the performance of services