When the preliminary audit strategy calls for the primarily substantive approach, planned detection risk should be set at moderate or high.

Question

Quizplus · Accepted Answer

When the preliminary audit strategy calls for a primarily substantive approach, planned detection risk is typically set lower, not moderate or high, because the auditor is relying more on substantive procedures to detect material misstatements, indicating a need for a higher level of assurance from those procedures.

When the Preliminary Audit Strategy Calls for the Primarily Substantive