6) What percentage (higher percentage or a lower percentage) would you use for the benchmark you selected in Q5 above? (Pick an actual percentage ex: 5% or 1%, or 10%, based on the guidance below.) (EX: 5% of Net Income vs 10% of Net Income)? Explain why? Your choice should be based on the Inherent risk and control risk determined in questions 1-4 above. [Click on one of the boxes below to select your answer, check only one box.] Ja. 5 percent of net income before taxes. O b. 10 percent of net income before taxes. c. 1 percent of total assets. O d. 1 percent of total assets. e. 34 percent of total revenues. Of. 1 percent of total revenues. g. 1 percent of total equity. Oh. Less than 1 percent of total Equity