Using the audit risk model, identify the relationship between the following elements. For each of the items below, highlight whether the two elements have an inverse relationship, a direct relationship, or no relationship. When considering each item, assume that the other components of the risk model remain constant.

a: Engagement Risk and Acceptable Audit Risk

b: Assessed Inherent Risk and Planned Detection Risk

c: Materiality and Amount of substantive evidence needed

d: Assessed Inherent Risk and Assessed Control Risk

e: Acceptable Audit Risk and Assessed Control Risk

f: Amount of substantive evidence collected and Achieved Detection Risk

g: Actual Inherent Risk and Actual Control Risk

h: Achieved Detection Risk and Achieved Audit Risk