In a recent audit, you tested 10% of transactions. The uninformed public believes that auditors test 90% of transactions, but those with an understanding of the audit process expect 35% testing. Auditing standards require 15% testing. Which of the following statements is true?

a.

The gap due to deficient performance is 5%

b.

The expectation gap is 80%, of which 25% are deficient standards

c.

The performance gap is 35%

d.

The expectation gap is 90%, of which 20% are deficient standards