Overstatement/Understatement We are auditing Inventory which has a $4,500 balance. We want to limit the risk that inventory is overstated by more than $450 to 10%. We want persuasive evidence that the actual account balance is greater than $4,950 We want persuasive evidence that the actual account balance is less than $4,050 We want persuasive evidence that the actual account balance is greater than $4,050 We want persuasive evidence that the actual account balance is less than $4,950 Question 9 Overstatement/Understatement We are auditing an expense account which has a $4,500 balance. We want to limit the risk that the account is understated by more than $450 to 10%. We want persuasive evidence that the actual account balance is greater than $4,050 We want persuasive evidence that the actual account balance is greater than $4.950 We want persuasiv evidence that the actual account balance is less than $4.050 We want persuasive evidence that the actual account balance is less than $4.950