Questions 42 Mark whether the statement below is true or false, and explain your answer in one or two sentences. During the course of a financial statement audit, the auditors discover that the revenue account is materially overstated. They also discover that expenses are materially overstated, and that the amounts of the two overstatements completely offset each other, meaning there is no overstatement to net income. Auditors can appropriately conclude that the financial statements are not materially misstated. True False