7-3 LO1 An auditor makes multiple materiality judgements. a. Define planning materiality. Explain how the auditor typically determines and uses it in the audit. b. Define performance materiality. Explain how the auditor typically determines and uses it in the audit. c. Define posting materiality. Explain how the auditor typically determines and uses it in the audit. d. Describe how qualitative factors can affect the quantitative mate- riality assessment