Auditors are ________ to decide on the combined amount of misstatements in the financial statements that they would consider material early in the audit.
A) permitted
B) required
C) strongly encouraged
D) not allowed

Question

Quizplus · Accepted Answer

Auditors are required to decide on the combined amount of misstatements in the financial statements that they would consider material early in the audit to ensure that the financial statements give a true and fair view of the company's financial position.

Auditors Are ________ to Decide on the Combined Amount of Misstatements