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CISA

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Information System Auditing Process

hard

An IS auditor is assessing the audit risk for an engagement covering a core banking application. The auditor determines that inherent risk is high because the application processes high-value transactions in real time. The auditor also concludes that control risk is low because strong automated controls and segregation of duties are in place and have been tested. Which of the following BEST describes the appropriate response to this assessment?

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