Which characteristic of risk assessment makes it a useful tool for audit planning?

Which of the following is not relevant when developing recommendations for inclusion in audit reports?

According to IIA guidance, which of the following is true regarding audit supervision?
1. Supervision should be performed throughout the planning, examination, evaluation, communication, and follow-up stages of the audit engagement.
2. Supervision should extend to training, time reporting, and expense control, as well as administrative matters.
3. Supervision should include review of engagement workpapers, with documented evidence of the review.

If an organization's chief audit executive wants to implement continuous auditing, what is the appropriate order in which key steps should be undertaken?
1. Identify business applications that require access.
2. Implement steps to continuously assess risks and controls.
3. Define objectives of continuous auditing.
4. Manage and report results.

Which of the following is a detective control for managing the risk of fraud?