To whom should immaterial errors should be reported?
A) No one.
B) The audit committee.
C) Senior management.
D) The manager at least one level above the people involved.

Question

Quizplus · Accepted Answer

Immaterial errors should be reported to the manager at least one level above the people involved, as this person can assess the potential impact of the error and determine appropriate next steps. Reporting directly to senior management or the audit committee may not be necessary, as they may only need to be informed of material errors or issues. Reporting to no one is not an acceptable option, as it can lead to the error being ignored or repeated.

To Whom Should Immaterial Errors Should Be Reported