Which of the following statements relating to identifying strengths and weaknesses in a system of internal controls are true? (choose two options) (Select all that apply)

Which of the following statements relating to identifying strengths and weaknesses in a system of internal controls are true choose two options) (Select all that apply.) When the auditor identifies internal control weaknesses, the auditor will consider a lower seed level of control risk approach for assertions influenced by these weaknesses. The auditor typically performs additional substantive testing in the areas of internal control weakness in order to identify and quantify potential material misstatement There is no link between weaknesses in internal controls (that is observations that controls being tested did not operate as intended) and the level of substantive procedures required. If the auditor identifies internal control weaknesses, the risk of material misstatements being undetected by management's processes and controls increases