What types of risk can the auditor control? Why can't he/she control the other risk elements? Explain. 5. What must an auditor do to assess control risk at less than 100%? 6. How does an auditor control or alter detection risk? 7. Give examples of an activity or condition that would increase inherent risk. 8. Give examples of an activity or condition that would increase control risk. 9. Why isn't materiality the same for all firms? 10. How does segregating duties increase reporting reliability? 11. Why is inquiry such an important procedure? Isn't it unreliable to take the client's word for it 12. A procedure might support multiple assertions and one assertion might be supported by multiple procedures. Give examples of both situations. 13. Explain the trade-off between quality and quantity of audit evidence. 14. Discuss the guidelines for judging reliability of audit evidence (e.g., what is "strong" evidence "weak" evidence and why). 15. What are some risk factors associated with misappropriating assets? 16. What are some risk factors associated with fraudulent reporting? 17. What is the fraud triangle? Give examples of all three sides. 18. What are the auditor's duties related to finding fraud