When There Has Been a Change in Accounting Principles, but the Effect

question 160

Multiple Choice

When there has been a change in accounting principles, but the effect of the change on the comparability of the financial statements is not material, the auditors should

• A)refer to the change in an emphasis-of-matter paragraph.
• B)explicitly concur that the change is preferred.
• C)not refer to consistency in the report.
• D)refer to the change in the Basis for Opinion Section.

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Definitions:

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A specific type of muslin fabric that has two layers, offering more durability and thickness than standard muslin.

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