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Situation #1: Assume that Situation #1 arose in the current year and you learned about this during the Planning phase of the audit. Based on
Situation #1: Assume that Situation #1 arose in the current year and you learned about this during the Planning phase of the audit. Based on the impact that Situation #1 has on the Acceptable Level of Audit Risk, Inherent Risk, and Control Risk (as shown in the above table), what should be the impact on Planned Detection Risk and Planned Evidence
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