Question: 7-1 - Given reference to SAB 99, post a response to the following: You have discovered 2-3 uncorrected misstatements: (1) management has taken the position
7-1 - Given reference to SAB 99, post a response to the following: You have discovered 2-3 uncorrected misstatements: (1) management has taken the position that the misstatements are not material and (2) the auditors argument is that the uncorrected misstatements are material. Which argument is stronger and will carry more weight? Why? How will you decide?
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