Which of the Following Would Not Be a Reason to Lower

Multiple Choice

Which of the following would not be a reason to lower the threshold for materiality?

A) The auditor is concerned with potential violations of debt covenants.
B) There were proposed adjusting entries to a particular account in prior years.
C) The consequences of a potential misstatement in an account balance are very high.
D) The audit team wants to limit the amount of time spent at the client's facilities.