Which of the Following Statements Is Not True Regarding the Use

question 100

Multiple Choice

Which of the following statements is not true regarding the use of a judgmental approach by auditors in determining whether a misstatement is clearly trivial?

• A) The determination is based on past auditor experience.
• B) The determination is usually not very defensible to third-party users.
• C) The determination is usually not very defensible to regulators.
• D) The determination uses percentages for the likelihood of misstatement.

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Definitions:

Canadian Radio

The sector of the Canadian media that includes all radio broadcasting and services distributed throughout Canada, regulated by the Canadian Radio-television and Telecommunications Commission (CRTC).

Television Programs

Scheduled content broadcasted through television channels, including series, movies, news, and educational shows.

Social Theorist

A social theorist is an individual who develops theories to explain how societal structures, relationships, and institutions operate and affect humans.

Mass Media

Forms of communication, such as television, radio, newspapers, and the internet, that reach large audiences simultaneously.