The Amount of Expected Misstatement in the Population When Performing

Multiple Choice

The amount of expected misstatement in the population when performing a substantive test _______.

A) relates to the risk that the audit opinion is misstated
B) is the amount of misstatement the client expects in a transaction class or account balance
C) is the amount of misstatement the auditor expects in a transaction class or account balance
D) should be ignored if the misstatement is less than 20%