0 The client implemented a new internal audit department consisting of three auditors. The internal auditors spend considerable time examining functions that relate to the preparation of the financial statements. 1. Increases inherent risk. 2. Decreases inherent risk. 0 3. Increases control risk. The auditor noticed that the inventory turnover ratio of the client decreased from 7.4 last year to 5.1 this year. 4. Decreases control risk. 0 5. Increases detection risk. Due to a staff position vacancy, the client has stopped reconciling the units of inventory shipped to the number of units billed. 6. Decreases detection risk. 7. This item has no impact upon audit risk. 0 Last year, the auditor sent 25 positive accounts receivable confirmations. This year the auditor decided to send 40 confirmations