Question: Before performing substantive procedures at an interim date, an auditor should Assess control risk at a low level. Determine that materiality for the accounts tested

Before performing substantive procedures at an interim date, an auditor should

Assess control risk at a low level.

Determine that materiality for the accounts tested is insignificant.

Assess inherent risk at a high level.

Consider the increased risk that period-end misstatements will not be detected.

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