A pervasive exception is one that affects different parts of the financial statements.

Name: A pervasive exception is one that affects different parts of the financial statements.
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A pervasive exception is a material misstatement that affects multiple aspects of the financial statements, such as several account balances, disclosures, or both. It's significant enough to impair the user's assessment of the financial statements as a whole.

A Pervasive Exception Is One That Affects Different Parts of the Financial