Which of the following statements is correct regarding the auditing of management estimates? Multiple Choice Monogoment bios storey n consideration in the auditing of management este The auditor will often adjust downward the inherent lock of precision associated within counting otimate In testing the underlying data of an estimate and the process used by management in making it the auditor should evaluate the reasonableness of related management assumotions given the measurement requirements of the aplicable financial reporting framework Developing a point estimate or range to evaluate management estimates a preomotvey mandatory requirement of the auditor