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1 (1 point) Listen The auditor discovers various errors in the client's financial statements during the audit. At the end of the audit, the auditor
1 (1 point) Listen The auditor discovers various errors in the client's financial statements during the audit. At the end of the audit, the auditor analyzes these misstatements to determine if the client needs to correct them. In which of the following situations could management and the auditor decide not to correct the misstatement? a. If, by correcting the misstatements, net income would increase rather than decrease. b. If, by correcting the misstatements, net income would decrease rather than increase. c. If the misstatements, in the aggregate, are material. d. If the misstatements, in the aggregate, are immaterial
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