ckboard XCOD Help Center Question 54 TPUNIC XFollowing are three companies under audit where the audit risk model is used by Mr. Mohammed, an independent auditor, for planning audit evidence requirements in the audit of cash. D E E Company A Risks: Acceptable audit risk 5% Inherent risk 40% Control risk 60% Planned detection risk Company B Risks: Acceptable audit risk 5% Inherent risk 40% Control/risk 50% Planned detection risk Company C Risks Acceptable audit risk 1% Inherent nsk/40% Control risk 30% Planned detection risk a) Using your knowledge of the relationships among the foregoing risks, state the effect of an increase in control risk on planned detection risk (Increase, Decrease or No change). 45 minutes remaining Last saved 94923 AM