In a recent audit, you tested 10% of transactions.The uninformed public believes that auditors test 95% of transactions, but those with an understanding of the audit process expect 35% testing. Auditing standards require 25% testing. Which of the following statements is true?

a.

The expectation gap is 85%, of which 15% are deficient standards

b.

The gap due to deficient performance is 15%.

c.

The performance gap is 35%

d.

The expectation gap is 95%, of which 10% are deficient standards