Quinton 16 Not yet answered Maked out o 1.00 Which of the following are the benefits of planning in the audit of finandal statements? 1. To develop appropriate attention to important areas of the audit 2. To identity and resolve the potential problems on a timely basis 3. Assisting in the selection of engagement team members with appropriate levels of capabuties and competence to respond to anticipated risk, and proper assignment of work to them Po gorition 1 & 2 only 1 only 3 only 1283