Question: What implication, if any, do the changes in CIP and in capitalized interest have on your assessment of the risk of material misstatement and your

What implication, if any, do the changes in CIP and in capitalized interest have on your assessment of the risk of material misstatement and your planned detection risk pertaining to the valuation assertion for Construction in Progress (CIP) account balance? Group of answer choices These changes increase RMM and increase PDR. These changes decrease RMM but increase PDR. These changes increase RMM but decrease PDR. These changes decrease RMM and decrease PDR

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