What is the result if an auditor places too much reliance on an ineffective system of internal controls? O Auditor will not rely on the controls and will perform substantive testing instead O Auditor will perform more testing than required Auditor will determine controls are ineffective O Auditor may provide an inappropriate audit opinion What is the result if an auditor does not rely on an effective system of internal controls? O Auditor will perform less testing than required O Auditor may provide an inappropriate audit opinion O Auditor will perform an inefficient audit O Auditor will rely on the controls and perform less substantive testing instead It is more serious to place an on internal controls, as this exposes the auditor to a greater risk of an audit. O Under-reliance; inefficient O Overreliance; ineffective O Under-reliance; ineffective O Overreliance; inefficient