Question
All of the 7 shows calculated to be 900,000. The auditor expected revenue for the shows to be 900,000, but the actual reported was 1020,000.
All of the 7 shows calculated to be 900,000. The auditor expected revenue for the shows to be 900,000, but the actual reported was 1020,000. Was the difference in the twoamount materiality? If so, come up with an explanation for the difference. What evidence could you gather to verify your explanation?
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Financial Accounting
Authors: Carl Warren
13th Edition
1133607616, 978-1133607618
