menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    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
    Which of the Following Would Be a Reason That Industry
Solved

Which of the Following Would Be a Reason That Industry

Question 37

Question 37

Multiple Choice

Which of the following would be a reason that industry and client data were not directly comparable?


A) Broad industry.
B) Use of different accounting principles.
C) Neither of the above.
D) Both A & B are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q32: The risk of material misstatement refers to

Q33: News media and web searches can provide

Q34: Which of the following is a reason

Q35: Material Misstatement and Importance of Materiality Judgments

Q36: Which of the following factors would lead

Q38: A misstatement is an error,either intentional or

Q39: Detection risk is measured on a scale

Q40: Auditors are only concerned with materiality for

Q41: An increase in the risk of material

Q42: If detection risk is low,the auditor is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines