Dan Hartman, the partner in charge of the audit, decides that MUS is the appropriate sampling technique to use in order to audit Ledcke's inventory account. The balance in the inventory account at December 31st was $2,325,000. Dan has established the following: desired confidence level of 95%, tolerable misstatement = $116,250 and expected misstatement = $23,250. What should Chris conclude about Ledcke's inventory account based on the projected misstatement?
A) The inventory account is accurate.
B) The inventory account has minor discrepancies.
C) The inventory account has significant discrepancies.
D) The inventory account is incomplete.