Overheard in the corridors of John Molson School of Business: 1. "I believe that one of the most common reasons for changing overall materiality levels has to do with the client of the auditor experiencing results that are different from those that were anticipated." 2. "Internal controls are ignored in setting inherent risk." Select one: a. Neither statements 1 or 2 are true b. Both statements 1 and 2 are true c. Only statement 2 is true d. Only statement 1 is true