Question: Please explain how to choose it. While performing a substantive test of details during an audit, the auditor determined that the sample results supported the
Please explain how to choose it.
While performing a substantive test of details during an audit, the auditor determined that the sample results supported the conclusion that the recorded account balance was materially misstated. It was, in fact, not materially misstated.
a.Over-reliance
b.Under- reliance
c.Incorrect rejection
d.Incorrect acceptance.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
