All else being equal, as the level of materiality decreases, the amount of evidence required will:
A)decrease.
B)increase.
C)change in an unpredictable fashion.
D)remain the same.

Question

Quizplus · Accepted Answer

As the level of materiality decreases, auditors require more evidence to ensure that smaller misstatements do not affect the financial statements' overall accuracy.

All Else Being Equal, as the Level of Materiality Decreases