Questions Requiring Analysis Assume that you have been assigned to the audit of Lockyer Manufacturing Company. You have completed the procedures for gathering information about the company and its environment, including internal control. Required: a. Describe the next stage of the audit process. b. Explain how the auditors may respond to high-risk audit engagements and high-risk audit assertions. c. Describe the nature of further audit procedures, including when the procedures should include tests of controls