A. Consider the revenue business process and the acquisition and expenditure business process. How does the auditor assess the risk of material misstatement for each business process?
and
B. Describe the auditors responsibility relating to internal control in two situations: 1. The auditor plans to rely on internal controls, and 2. The auditor does not plan to rely on internal controls. If the auditor "relies" on internal controls, what does the auditor "rely on internal controls to do?"