The absence of no fluctuations when applying analytical procedures implies:
A) there are no material irregularities.
B) there are no material errors.
C) there are no material errors or irregularities.
D) the possibility of a material error or irregularity is minimised.

Question

Quizplus · Accepted Answer

The absence of fluctuations when applying analytical procedures suggests that the risk of material errors or irregularities is reduced, but it does not guarantee their absence. Analytical procedures can help identify potential issues, but they cannot conclusively prove the absence of all material errors or irregularities.

The Absence of No Fluctuations When Applying Analytical Procedures Implies