Which of the Following Statements Is Usually True

Multiple Choice

Which of the following statements is usually True?

A) Materiality is easy to quantify.
B) Fraudulent financial statements are often easy for the auditor to detect,especially when there is collusion among management.
C) Reasonable assurance is a low level of assurance that the financial statements are free from material misstatement.
D) An item is considered material if it would likely have changed or influenced the decisions of a reasonable person using the statements.