Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
New Topic  
npeelman npeelman
wrote...
Posts: 667
Rep: 0 0
6 years ago
There are often a large number of immaterial errors discovered that do not require an adjustment at the time they are found. How should these errors be dealt with by the auditor?
A) Since these items are individually immaterial, the auditor would not recommend adjusting entries to client.
B) Since there are a large number of these, the auditor would recommend adjusting entries to the client.
C) The auditor must combine the individually immaterial errors and evaluate whether the combined amount is material.
D) The auditor would never combine these individually immaterial amounts because that would mix apples and oranges.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
Read 80 times
1 Reply
Replies
Answer verified by a subject expert
charleshardtcharleshardt
wrote...
Posts: 448
Rep: 6 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

npeelman Author
wrote...

6 years ago
This site is awesome
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1052 People Browsing
Related Images
  
 173
  
 239
  
 192
Your Opinion
Who's your favorite biologist?
Votes: 587