In Planning the Audit,the Auditor Makes Decisions About the Size

Multiple Choice

In planning the audit,the auditor makes decisions about the size of misstatements that will be considered material.These decisions allow the auditor to

A) determine the nature,timing,and extent of inherent risk assessment procedures
B) identify and assess the risk of misstatement
C) determine the nature,timing,and extent of audit procedures
D) establish an amount below which misstatements will always be evaluated as immaterial
E) C and D