For Investments Accounted for Using the Equity Method

For investments accounted for using the equity method:

A) audited financial statements of the investee generally constitute sufficient evidence regarding the underlying net assets and the results of operations of the investee.
B) post acquisition debits and credits can be tested using statistical sampling where control risk is low.
C) brokers' advices would provide most of the evidence necessary to satisfy audit objectives pertaining to all five categories of financial statement assertions.
D) initial procedures would involve obtaining an understanding of the rationale behind management's classification of the investments.
E) analytical procedures may reduce the amount of evidence needed from other substantive tests.