Which of the following statements about materiality is considered true? O a. Materiality is judged by the auditor using his professional knowledge and experience since materiality of an item varies with circumstances. O b. Materiality could never influence the economic decisions of users taken on the basis of the financial information. c. The size and nature of the item will not determine its materiality. d. The auditor should consider materiality but not its relationship with audit risk when conducting an audit. Question 30 Not yet answered Marked out of 1.00 P Flag question Which of the following audit objectives ensure that if accounts receivable is pledged as security for debt, such information should be revealed in the financial statements