1. Define planning, Internal control, Design and implementation of internal control, Monitoring of controls, Methods for obtaining controls, and Inspecting the control activities. Question 2.Elucidate the following in yourown words. [10 Marks] 1. Different types of risk and risk assessmentbased on evidence. [3 Marks] 2. Analytical procedures, strategy-oriented framework. [3 Marks] Question 3.Describe the Four-Phase Process of the analytical review process. Define data mining. Explain Analytical procedures as substantive tests. [10 Marks] 3. Materiality and audit planning memorandum. [4 Marks] Question 4.Explain Computer Assisted Audit Techniques (CAATs) and Generalized Audit Software (GAS), File interrogation audit tasks using GAS. [10 Marks] Question 5.Clarify the following: What is an audit report, contents of the Auditor's Report and its importance, 7 Parts of an Audit Report and opinion in an Audit Report. [10 Marks)