Discuss test of operating effectiveness of internal controls, Accounting Basics

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Discuss test of operating effectiveness of internal controls

Question: Which of the following conclusions is an auditor likely to make after tests of operating effectiveness of internal controls showed that controls are more effective than the auditor thought during planning? Group of answer choices Assessed control risk is lower than planned control risk Planned control risk is lower than assessed control risk Actual control risk is lower than planned control risk Actual control risk is lower than assessed control risk

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