Mark each of the following sentences with (Yes or No) in the table below:

1. Auditing standards provide for the audit risk model as a way of ensuring that the risk of ensuring materiality misstated financial statements is kept to an acceptable low level.
2. The reference to term in all material respects in the audit report opinion graph is a must in the audit report.
3. If the auditor believes that the concern will not continue as going concern, he should issue disclaimer of opinion.
4. Components of Audit Risk does not includes sampling risk.
5. The cut off audit objective implies that all transactions are included in the account.
6. Substantive audit strategy may adopted by the auditor if he concludes the internal control is highly reliable.
7. The main audit risk associated with the use of information technology is the validity of data processed.
8. Attributes sampling is an examination used for only control tests.
9. Information technology presents a challenge to the management of the client which may cause the auditor to widen the services range he renders.
10. Sufficient evidence to be obtained is a common fieldwork standard for attestations and GAASs.
11. Assurance services that improve the quality of information within the bounds of Generally Accepted Auditing Standards(GAAS).
12. In case AR=60%,Auditee risk=40%,the Detection risk is 24%.