A quantitatively small misstatement might nonetheless be Material if it:

Group of answer choices

Hides a companys failure to meet analysts consensus expectations.

Changes a loss into a profit or a profit into a loss.

Affects whether a company is in compliance with regulatory requirements.

both a and b

all of the above

Under the Code, an accountant may properly perform which of the following for a contingent fee?

Group of answer choices

audit of a publicly-traded corporations financial statements

audit of a privately-held corporations financial statements

preparation of a claim for tax refund

all of the above

none of the above