Answer the following questions 1- The chapter mentions that testing of controls is very important. The auditor has two options: a- Spend extra time testing controls in the hope they are strong and then reduce substantive tests later, if they are found to

1-      1-The chapter mentions that testing of controls is very important.  The auditor has two options:

a-      Spend extra time testing controls in the hope they are strong and then reduce substantive tests later, if they are found to be strong.

b-      Assume internal controls are weak and spend most of the time doing substantive tests.

Which of these approaches do you prefer?  Why?  Discuss the pros and cons of each of these approaches.