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What responsibilities do the auditors have with respect to inherent, control, detection and audit risks? (Several choices may be correct.)1.Entry field with incorrect answer Assess
What responsibilities do the auditors have with respect to inherent, control, detection and audit risks? (Several choices may be correct.)1.Entry field with incorrect answer Assess inherent risk. 2.Determine audit risk based on the assessment of inherent and control risk.3. Determine detection risk based on the assessment of inherent and control risk. 4.Assess control risk. 5.Set audit risk.6. Reduce control risk by ensuring management strengthen their controls.7. Decrease inherent risk by controlling the entitys business operations.
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