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which of the following is true dual-approach to evaluating misstatements? Rollover method- evaulates errors exist balance sheet and correct the current period. Iron curtain method-

which of the following is true dual-approach to evaluating misstatements?

Rollover method- evaulates errors exist balance sheet and correct the current period.

Iron curtain method- disregards the effects of the portion of current year balance sheet misstatement orignated in prior years

Iron curtain method- quantifies income statement errors based on the amount by which the income statement is actually misstated, including reversing effect prior years,

Rollover method- considers differences not corrected in the period which arise may offset in uncorrected audit missatements of subsequent periods

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