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The auditor's assessment of control risk is a critical one because it affects the auditor's decisions about: Select one: a. tests of controls. b. tests

The auditor's assessment of control risk is a critical one because it affects the auditor's decisions about:

Select one:

a. tests of controls.

b. tests of details of balances.

c. substantive tests of transactions.

d. all of the above.

Which of the following assessments are affected by substantive tests of transactions:

Select one:

a. both acceptable audit risk and control risk.

b. both control risk and planned detection risk.

c. both inherent risk and control risk.

d. both inherent risk and planned detection risk.

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