An auditor believes management's earnings per share is overstated and proposes an audit adjustment that would decrease earnings. In assessing whether or not this proposed adjustment is a material one, the primary consideration is whether:

a.The adjustment exceeds performance materiality in size.

b.The adjustment exceeds overall planning materiality in size.

c.The adjustment causes earnings per share to fall below analysts' expectations.

d.The booking versus waiving of the adjustment would affect management's bonus compensation.

e.The book or waiving of the adjustment likely would affect reasonable investors' judgments.