Recent Posts • Latest Topics • Unanswered Questions

Top Posters

Since Sunday

Which of the following is a correct statement regarding materiality?

xiaily

wrote...

Go to Answer

Posts: 142

Rep:

A year ago

Which of the following is a correct statement regarding materiality?

Which of the following is a correct statement regarding materiality?

▸ There are well-defined guidelines that enable auditors to determine if something is material.

▸ Misstatements must be compared with some benchmark before a decision can be made about the materiality level of the failure of a company to follow GAAP.

▸ Pervasiveness is not considered when comparing potential misstatements with a base or benchmark.

▸ To evaluate overall materiality, the auditor does not combine all unadjusted misstatements.

Textbook

Auditing and Assurance Services

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

Read 33 times

1 Reply

Replies

Answer verified by a subject expert

smiller94107

wrote...

#1

Posts: 153

Rep:

A year ago

Sign in or Sign up in seconds to unlock everything for free

More solutions for this book are available here

Related Topics

Show More

xiaily Author

wrote...

A year ago

this is exactly what I needed

Natalie Price

wrote...

Yesterday

This site is awesome

derya1234

wrote...

2 hours ago

Thanks

Explore

Post your homework questions and get free online help from our incredible volunteers

1129 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

AJAX Chat © blueimp.net Integrated with SMF

Related Images

564

302

291

Your Opinion

Previous poll results: Which is the best fuel for late night cramming?

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.