When scheduling the audit work to be performed on an engagement, the auditor should likely perform revenue cycle procedures at year end if Multiple Choice The risk associated with fraud in the revenue cycle is lower than usual. The auditor determined the client's internal controls over revenue recognition to be operating effectively. The risk of material misstatement relative to financial statement assertions about revenue is acceptably low. The auditor assessed detection risk as low.Revenues are normally considered to have been earned when: Multiple Choice All possibility of return has expired. Goods have been shipped. The cash is collected. The company has substantially accomplished what it must to be entitled to the benefits