Question: 4. In planning an audit, the auditors knowledge about the design of relevant controls should be used to a. Identify the types of potential misstatements

4. In planning an audit, the auditor’s knowledge about the design of relevant controls should be used to

a. Identify the types of potential misstatements that could occur.

b. Assess the operational efficiency of internal control.

c. Determine whether controls have been circumvented by collusion.

d. Document the assessed level of control risk.

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