Misstatements detected during the audit that were initially deemed to be immaterial must be summarized to determine which of the following?
a. Materiality.
b. Quantitative effect.
c. Aggregate effects.
d. Nature of misstatement.
Answer: C
Misstatements detected during the audit that were initially deemed to be immaterial must be summarized to determine which of the following?
a. Materiality.
b. Quantitative effect.
c. Aggregate effects.
d. Nature of misstatement.
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.