True or false

1. The audit evidence considered most reliable by auditors is the written representations that the auditors obtain from management.

2. Auditors usually perform inventory counts for audit purposes four months from the yearend date by relying on internal control for the interim period.

3. If internal control is poor, the extent of substantive audit procedures should increase in order to reduce detection risk.

4. Sample sizes for substantive tests usually decrease when the degree of reliance on internal controls decreases.