clearly pls

Chapter 4 I. For each case, calculate planned detection risk: FAT 2014 Case 1 5% 40% 60% Case 3 1% Audit risk Inherent risk Control risk Case 2 5% 60% 40% Case 4 1% 20% 20% Case 5 1% 20% 40% 60% II. Define the terms: 1. Audit risk, 2. Control risk, and 3. Inherent risk. State whether Detection Risk varies directly or indirectly with each risk. III. Contrast Case 4 with Case 5. III A. Would the auditor have to do more or less substantive testing in case 5 compared to case 4? III B. Explain, by referring to the audit risk model. III C. Now explain, without referring to the audit risk model. IV. With reference to "The CPA Exam", what would be the effect on Audit Risk if the auditor conclude: that the System of Internal Control is worse than first anticipated