Auditing Cases 6th Edition by Mark Beasley,Frank Buckless,Steven Glover,Douglas Prawitt

Exercise 1

According to AS5:
[a] What should the auditor consider when determining whether an account should be considered significant
[b] What qualitative factors might cause an account that is otherwise relatively small quantitatively to be considered significant
[c] What qualitative factors might cause an account that is greater than materiality to be considered not significant