13 Ifan auditor wishes to lower the detection risk DR from 5

13. Ifan auditor wishes to lower the detection risk (DR) from, 5% to 4%, she should a. Consider using a smaller sample size. b. Consider gathering a larger amount of audit evidence c. Consider decreasing the level of control risk (CR) d. Consider applying a less stringent type (nature) of audit procedure.

Solution

Solution: consider gathering a larger amount of evidence

Explanation: When an auditors wish to reduce the level of detection risk, they are required to obtain additional appropriate evidence