Please answer questions a., b. and c.

For part a., the options for risks are numbers 1 - 10.

Moranda and Sills, LLP, has served for over 10 years as the auditor of the financial statements of Highland Requirements Bank and Trust. The firm is conducting its audit planning for the current fiscal year and is in the process of a. Describe any risks of material misstatement at the financial statement level. performing risk assessment procedures. b. Describe any risks of material misstatement at the assertion level (Click the icon to view additional information.) c. Which, if any, risks would be considered asignificant risk? Requirement a. Describe any risks of material misstatement at the financial statement level. Select any risks of material misstatement at the financial statement level from the list below. (If a box is not used in the table, leave the box empty; do not select a label Click the icon to view the list of risks.) Risks Choose from any drop-down list and then click Check