Identify the$$ reason$($s$)$ why the factor you selected in the preceding step is important. $($Select all that$$ apply.$)$

A$.$

Multiple product lines and transaction locations.

B$.$

Possibly millions of transactions processed daily via sophisticated computerized systems.

C$.$

Foreign exchange effects on transactions.

D$.$

Owners also managing the daily activities of the company.

E$.$

New accounting standards are issued on a regular basis.

F$.$

Directors not involved in$$ day$-$to$-$day operations or decisions.

First, select the choice that best describes the need an independent audit satisfies.