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    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 7: Planning the Audit: Identifying and Responding to the Risks of Material Misstatement
  5. Question
    An Immaterial Misstatement Is Defined as One That Is Clearly
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An Immaterial Misstatement Is Defined as One That Is Clearly

Question 55

Question 55

True/False

An immaterial misstatement is defined as one that is clearly inconsequential, whether taken individually or in the aggregate and whether judged by any criteria of circumstance.

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