Question 10 Which of the following is not a qualitative characteristic that would cause a quantitatively immaterial misstatement to be deemed material? O The misstatement may have a material effect on a future period O The misstatement affects a company's compliance with debt covenants The misstatement exceeds overall materiality O The misstatement increases management compensation pts

Which of the following is not a qualitative characteristic that would cause a quantitatively immaterial misstatement to be deemed material? The misstatement may have a material effect on a future period The misstatement affects a company's compliance with debt covenants The misstatement exceeds overall materiality The misstatement increases management compensation