Multiple Choice
Which of the following statements regarding judgmental misstatements is incorrect?
A) They are the same as errors.
B) They can arise as a result of a difference in underlying assumptions by the client and the auditor.
C) They are not the same as errors.
D) They can arise as a result of a difference in the application of judgment by the client and the auditor.
Correct Answer:
Verified
Correct Answer:
Verified
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