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How would increases in performance materiality and increases in inherent risk affect the extent of testing in the search for unrecorded liabilities? Please add checkmark

How would increases in performance materiality and increases in inherent risk affect the extent of testing in the search for unrecorded liabilities?

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1)Both increases would increase testing.

2)Both increases would decrease testing.

3)An increase in performance materiality would increase testing, while an increase in inherent risk would decrease testing.

4)An increase in performance materiality would decrease testing, while an increase in inherent risk would increase testing.

5)An increase in performance materiality would have no effect on testing, while an increase in inherent risk would decrease testing.

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