The objective of performing group level analytical procedures on not significant components is to: Corroborate the work the component auditor performed Reduce the amount of substantive testing Corroborate there are no significant risks of material misstatement Determine the type of work to perform Select all that apply. We design and implement further audit procedures to respond to the assessed risk that the consolidation process has not been performed appropriately, including procedures to evaluate whether: All components have been included in the group financial statements There are any fraud risk factors or indicators of management bias The consolidation adjustments and reclassifications are appropriate, complete and accurate Component significance has been appropriately determined Select all that apply. Testing of group-wide controls is required when: The nature, timing and extent of the work performed on the consolidation process is based on an expectation that group-wide controls are operating effectively The nature, timing and extent of work performed on the financial information of the components is based on an expectation that group-wide controls are operating effectively Substantive procedures alone cannot provide sufficient appropriate audit evidence at the assertion level A component auditor performs work on a significant component