Auditing accounting Pls reply fast

I. True or False (60 pts. / 3 pts. each) The following statements in this section may be true (T) or false (F). If the statement is true, place a "T" in the space provided. If it is false, then place an "F" in the space provided AND correct the statement, so that it becomes true. No credit will be given, if a false statement is not corrected. 1. Audit risk refers to the possibility that a CPA firm may not finish its audit according to its time allowed and within the budget. 2. Relevant assertions are those items identified which are included in the engagement letter that serve as warranties for the benefit of the client. 3. Inherent risk is the possibility of material misstatement of an assertion before considering the client's internal control. 4. Control risk is the risk that a material misstatement could occur in a relevant assertion and not be prevented or detected on a timely basis by the client's internal control. 5. Detection risk is the risk that the auditors' procedures will not detect a material misstatement that exists in a relevant assertion. I 6. Reliability of audit evidence is enhanced when it is provided directly by the client. 7. The auditors perform a variety of audit procedures, some of which are known to the client, including interviews of restaurant managers where the client frequently goes for lunch. 8. Representation letters are required when the client asserts that his company is a going concern. 9. Watching a process or procedure being performed by the company's personnel or the performance of control activities is a form of audit procedure