Which of the following assertion is inaccurate concerning the risks of material misstatement? (a) Risks of material
Question:
Which of the following assertion is inaccurate concerning the risks of material misstatement?
(a) Risks of material misstatement can arise from a variety of sources, including external factors
(b) Risks of material misstatement never occur from the nature or the activities of a company
(c) Risks of material misstatement may relate to personnel who lack the necessary financial reporting competencies
(d) Risks of material misstatement may result from information systems that fail to accurately capture business transactions.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing Assurance Services And Forensics A Comprehensive Approach
ISBN: 9783319905204
1st Edition
Authors: Felix I. Lessambo
Question Posted: