When calculating the total amount of misstatement relevant to the analysis of an account balance, an auditor

Question:

When calculating the total amount of misstatement relevant to the analysis of an account balance, an auditor should add which of the following to the misstatement discovered in individually significant items?

a. The projected likely misstatement and the additional possible misstatement estimate.

b. The known misstatement in the sampled items.

c. The known misstatement in the sampled items, the projected likely misstatement, and the additional possible misstatement estimate.

d. The additional possible misstatement estimate.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

Question Posted: