Requirements a and b. Identify which items are audit planning decisions requiring professional judgment. Identify which items are audit conclusions resulting from application of audi procedures and requiring professional judgment. (If a box is not used in the table, leave the box empty; do not select a label.) Requirement a. Requirement b. Audit conclusions resulting Audit planning decision from application of audit requiring professional procedures and requiring judgment? professional judgment? 1. Preliminary judgment about materiality 2. Control risk 3. Risk of fraud 4. Inherent risk 5. Risk of material misstatements 6. Known misstatement 7. Estimated total misstatement in a segment 8. Planned detection risk 9. Estimate of the combined misstatement 10. Significant risk 11. Acceptable audit risk 12. Performance materiality