Question: If the auditor does not ___________, the auditor has failed to obtain sufficient appropriate audit evidence to support the audit opinion. Document the client's risks

If the auditor does not ___________, the auditor has failed to obtain sufficient appropriate audit evidence to support the audit opinion.

Document the client's risks of material misstatement at the account level.

Identify the client's specific risks of material misstatement.

Test controls for operating effectiveness.

Increase substantive testing to reduce control risk.

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