Question: Requirement d . Explain why Ling set performance materiality for accounts receivable at the highest amount. A . Ling has determined that MT , Inc.

Requirement d. Explain why Ling set performance materiality for accounts receivable at the highest amount.
A.
Ling has determined that MT, Inc. has strong credit policies and customers generally pay their balance on time.
B.
Accounts receivable is a large account and requires sampling to test the balance.
C.
There are known misstatements in the accounts receivable account.
D.
Both A and B.
E.
Both B and C.

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