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using the audit risk model, identify the relationship between the following elements. for eaxh item below highlight whether the 2 elements have an inverse relationship,
using the audit risk model, identify the relationship between the following elements. for eaxh item below highlight whether the 2 elements have an inverse relationship, direct relationship, or no relationship. when considering each item assume the other components of the risk model remain constant.
ACCEPTABLE AUDIT RISK AND ASSESSED CONTROL RISK
AMOUNT OF SUBSTANTIVE EVIDENCE COLLECTED AND ACHIEVED DETECTION RISK
ACTUAL INEHRENT RISK AND ACTUAL CONTROL RISK
ACHIEVED DETECTION RISK AND ACHIEVED AUDIT RISK
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