The Auditing Standards Require the Auditor to Review the Procedures

The auditing standards require the auditor to review the procedures used to develop fair value estimates for investments to determine if they are consistent with the applicable financial reporting framework.To do this the auditor

A) should consider reasons used by management in selecting the valuation model
B) must consider assumptions used by management in selecting the valuation model
C) should consider the timing used by management in selecting the valuation model
D) should consider how the model is used to generate estimates of fair value
E) must consider how the model is used to generate estimates of fair value
F) both A and B
G) both B and E
H) both C and D