A Critical Audit Matter (CAM)to Be Disclosed Under PCAOB Guidance

question 104

Multiple Choice

A critical audit matter (CAM) to be disclosed under PCAOB guidance meets which of the following criteria?

• A)Any matter communicated or required to be communicated to the audit committee.
• B)A matter that relates to accounts or disclosures that are material to the financial statements.
• C)A matter involving especially challenging,subjective,or complex auditor judgment.
• D)All of the above.