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Characteristics of a Pervasive Misstatement or Scope Limitation Are as Follows

Question 80

Multiple Choice

Characteristics of a pervasive misstatement or scope limitation are as follows:


A) It is not confined to specific elements, accounts, or items of the financial statements
B) If it is confined, it represents or could represent a substantial portion of the financial statements
C) In the context of disclosures, it is fundamental to users' understanding of the financial statements
D) All of these answer choices are correct

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