Question：Joshkosh is a company operating a chain of retail outlet stores. Due to the large volume of cash sales and, therefore, the greater than normal risk of staff fraud, the auditor has assessed inherent risk as high.
　　What effect is this likely to have on the auditor's assessment of control risk?
　　A. Control risk is likely to be low.
　　B. Control risk is unlikely to be affected by the assessment of inherent risk.
　　C. There is little point in assessing control risk if inherent risk is high.
　　D. Control risk is likely to be high.
　　The correct answer is: Control risk is likely to be low.
　　It may be the case that there is an inverse relationship between inherent risk and control risk. In other words, if inherent risk is high, management would be more inclined to strengthen controls over that area, leading to a low control risk.