Question
Items that are dissimilar in nature must be presented separately in financial statements unless: a. the auditors approval aggregation of the items. b. they are
Items that are dissimilar in nature must be presented separately in financial statements unless:
a.
the auditors approval aggregation of the items.
b.
they are immaterial.
c.
the directors approve aggregation of the items.
d.
they are financial items and can be off-set.
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Auditing A Risk Based-Approach
Authors: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
11th Edition
1337619455, 1337619450, 9781337670203 , 978-1337619455
