The Auditing Standards Have Listed Several Circumstances That Might Cause

Multiple Choice

The auditing standards have listed several circumstances that might cause quantitatively immaterial misstatements to be judged material.These include

A) misstatements that change income into a loss
B) the effect of the misstatement on loan covenants,contractual agreements and regulatory provisions
C) the existence of statutory or regulatory reporting requirements that might have an impact on materiality levels
D) misstatements that have the effect of increasing management's compensation
E) the effect of misclassifying income between operating and nonrecurring
F) both A and B
G) both C and D
H) both D and E