What sequence of steps does an auditor undertake when identifying control procedures that are potentially reliable in assessing control risk below the maximum?

a. Consider the errors or frauds that might occur, determine control procedures, identify control objectives, and design tests of controls.

b. Determine control procedures, design tests of controls, consider the errors or frauds that might occur, and identify control objectives.

c. Identify control objectives, consider the errors or frauds that might occur, determine control procedures, and design tests of controls.

d. Design tests of controls, determine control procedures, consider the errors or frauds that might occur, and identify control objectives.

Choose the correct answer.