Review picture.

Question 3 [1 point] Steve is performing an audit. Partway through the audit, he determines that a change of materiality is required. Ayalid reason for this is O too many errors were found at the initial materiality and it was becoming time consuming O a new user of the financial statements was identified 0 the initial materiality was requiring Steve to plan and perform too many tests and he was at risk of not meeting his deadlines O a fraud was discovered and the auditor wants to be able to consider it important