Prior to commencing fieldwork, an auditor usually discusses the general audit strategy with the client's management. Which of the

following details do management and the auditor usually agree upon at this time?

The effects that inadequate controls may have over the safeguarding of assets.

The minimum amount of misstatements that may be considered to be significant deficiencies.

The schedules and analyses that the client's staff should prepare.

The specific matters to be included in the communication with the audit committee.