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Author Question: If most or all users' decisions that are based on the financial statements are likely to be ... (Read 74 times)

jojoperlo_

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on: Aug 21, 2022

Question 1

A misstatement in the financial statements can be considered material if knowledge of the misstatement will affect a decision of
◦ the PCAOB.
◦ a reasonable user of the financial statements.
◦ an accountant.
◦ the SEC.

Question 2

If most or all users' decisions that are based on the financial statements are likely to be significantly affected, the materiality level is
◦ unrestricted.
◦ material.
◦ pervasive.
◦ risky.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jojoperlo_ on Aug 21, 2022

as4309

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jojoperlo_

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
Excellent

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