Which of the following is the most important qualitative factor that auditors should consider when making materiality judgments?

A. A misstatement exceeded five percent of net income.
B. The auditor also provides consulting services to the audit client.
C. The audit committee is not well-educated about the accounting principle in question.
D. The misstatement will cause the client to fail to meet an earnings forecast.


Answer: D

Business

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A) They make it increasingly difficult for sellers to adjust their prices. B) They provide sellers a high-cost alternative for reaching their markets. C) They have become less dependent on social media and the Internet. D) They provide buyers with anytime, anywhere access to products. E) They reduce the number of interaction options between buyers and sellers.

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2. The fundamental reason for organizations to change is to ______.

2. A. be profitable B. grow C. survive D. none of these

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In a report, the largest section is

A) Your research B) Your findings C) Your language D) Your thesis

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Consider the following hypothesis test: Ho: ? = 10 Ha: ? ? 10 A sample of 81 provides a sample mean of 9.5 and a sample standard deviation of 1.8

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