Question: PLEASE ANSWER NO. 8 ONLY. THANK YOUUU!!! 7. When is the control risk assessment High? Less than high? How does a high control risk assessment

PLEASE ANSWER NO. 8 ONLY. THANK YOUUU!!!

7. When is the control risk assessment High? Less than high? How does a high control risk assessment affect the planned audit approach? 8. What is the relationship of a less than high control risk assessment to the nature, extent, and timing of substantive tests? May substantive tests be eliminated

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