A)Discuss what is meant by the term "control environment" and identify four control environment subcomponents that the auditor should consider.B)List the steps that management follows in assessing risks relevant to the preparation of financial statements in conformity with an applicable financial reporting framework.C)How does the auditor obtain knowledge about management's risk assessment process? D)Explain how management's risk assessment process differs from the auditor's risk assessment process.E)What is the relationship between management's risk assessment process and audit evidence?

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The Answer of A)Discuss what is meant by the term "control environment" and identify four control environment subcomponents that the auditor should consider.B)List the steps that management follows in assessing risks relevant to the preparation of financial statements in conformity with an applicable financial reporting framework.C)How does the auditor obtain knowledge about management's risk assessment process? D)Explain how management's risk assessment process differs from the auditor's risk assessment process.E)What is the relationship between management's risk assessment process and audit evidence?

A)Discuss What Is Meant by the Term "Control Environment" and Identify