Financial Statement Restatements

Multiple Choice

Financial statement restatements:

A) are a strong indicator of material weakness in ICFR when they are undertaken for the purpose of correcting an error in previously issued financial statements.
B) may not be considered significant when they are the result of more evidence becoming available after the financial statements have been released.
C) are required to be disclosed in the financial reports, as well as in the financial press.
D) All of the above.