Why inherent risk is set for audit objectives for segments, Auditing

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Why inherent risk is set for audit objectives for segments

Response to the following problem:

Explain why inherent risk is set for audit objectives for segments (classes of transactions, balances, and presentation and disclosure) rather than for the overall audit. What is the effect on the amount of evidence the auditor must accumulate when inherent risk is increased from medium to high for an audit objective?

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Auditing: Why inherent risk is set for audit objectives for segments

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Auditing: Why inherent risk is set for audit objectives for segments

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