When planning the audit approach for the cash accounts, an auditor chooses to perform $70\%$ tests of details, $10\%$ substantive analytical procedures, and $20\%$ tests of controls. Which of the following is most likely?

a$.$ There is a low risk of material misstatement for the cash balances.

b$.$ There is a low inherent risk for the cash balances.

c$.$ There is a high risk of material misstatement for the cash balances.

d$.$ No conclusion can be made on the level of risk from the information given.