Question: this is Auditing not Finance sorry this is about the table question QUESTION 3 - 40 POINTS a. Please fill the highlighted cells with given
QUESTION 3 - 40 POINTS a. Please fill the highlighted cells with given data, estimate the planned detection risk and planned audit evidences". (1 point each per cell) Sales and Collection Acquisition and Payroll and Personnel Inventory and Capital Acquisition and Risk Cycle Payment Cycle Cycle Warehousing Cycle Repayment Cycle Misstatement Expectation Many misstatements Few misstatements Many misstatements Some misstatements Some misstatements Inherent Risk Level Internal Control Low effectiveness High effectiveness High effectiveness Effectiveness Medium effectiveness Low effectiveness Control Risk Level Acceptable Audit Risk Assessment Low willingness Low willingness Low willingness Low willingness Low willingness Acceptable Audit Risk Level Planned Detection Risk Planned Audit Evidences
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