\"When auditing Cash if detection risk is set to low, the auditor is likely to:\" Only confirm bank balances with the Bank. Only test controls such as the client s internal controls over the preparation of bank reconciliations Only scan bank reconciliations and test iterns on bank reconciliations on a sample basis. \"Send out confirmations to the bank, test bank reconciliation controls, and prepare the bank reconciliation using a cutoff bank statement obtained from the bank to examine wire transfers between accounts at year end.\