Which of the following statements is not true regarding the use of a judgmental approach by auditors in determining whether a misstatement is clearly trivial?

Which of the following statements is not true regarding the use of a judgmental approach by auditors in determining whether a misstatement is clearly trivial?






a. The determination is based on past auditor experience.
b. The determination is usually not very defensible to third-party users.
c. The determination is usually not very defensible to regulators.
d. The determination uses percentages for the likelihood of misstatement.








Answer: D


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