Why does the auditor divide the financial statements into segments around the financial statement cydes? O A. The approach aids in the assignment of tasks to auditors who are trained to audit cycles as opposed to entire financial statements B. Most accounts have few relationships with others and so it is more efficient to break the financial statements into smaller pieces C. The cycle approach is required by auditing standards and allows the auditor to detect illegal acts. D. None of the above. OOOO Which of the following is an accurate statement regarding audit evidence? A All evidence accumulated and used by the auditor must be highly persuasive rather than convincing B. Costly evidence is not a valid basis for obtaining sufficient appropriate di evidence C. The auditor uses evidence to determine whether financial statements are fairly presented in accordance with generally accepted and D. The reliability of evidence depends on several factors such as effectiveness of dient internal controls, independence of provider, education of tradis