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QUESTION 22 High control risk suggests that a. There are weak internal controls b. the auditor can't rely on controls to reduce substantive procedures c.

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QUESTION 22 High control risk suggests that a. There are weak internal controls b. the auditor can't rely on controls to reduce substantive procedures c. the auditor will rely on evidence from controls to reduce substantive procedures for account balances. d. a and b are correct QUESTION 23 Generally, when applying professional skepticism, the auditor is concerned that: ma Revenues and liabilities are overstated and expenses and assets are understated b. Levenues are understated while assets are overstated c. Assets are overstated while liabilities are understated d. Assets and liabilities are overstated and revenues and expenses are understated

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