$12$ Which of the following statements about materiality are correct? Choose correct answer $(1)$ Information is material if its omission or misstatement could influence the economicdecisions of users of the financial statements$(2)$ Materiality is based on the auditor's experience and judgement$(3)$ Materiality is always based on revenue$(4)$ Materiality should only be calculated at the planning stage of the audit A $(1),(2)$ and $(3)$B $(1),(3)$ and $(4)$C $(1)$ and $(2)$D $(2)$ and $(4$