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Which of the following factors is the primarily focus in determining materiality? The suspected amount of misstatements that will be discovered. The cost - benefit
Which of the following factors is the primarily focus in determining materiality?
The suspected amount of misstatements that will be discovered.
The costbenefit of detecting a misstatement.
The users of the financial statements.
Whether the auditor will be able to issue a clean opinion at the end of the audit.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
