Question: If the client has well - designed, implemented, and documented controls over the preparation of accounting estimates, then an appropriate risk response would be to

If the client has well-designed, implemented, and documented controls over the preparation of accounting estimates, then an appropriate risk response would be
to test the operating effectiveness of the assertions.
to test the operating effectiveness of the controls.
to focus this audit time on another area, and conclude there is no material risk in this area.
to obtain written representation from management to this effect, which negates the need for any testing.
If the client has well - designed, implemented,

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