If the Projected Misstatement Is Less Than the Tolerable Misstatement,the

question 25

Multiple Choice

If the projected misstatement is less than the tolerable misstatement,the auditor must

• A)give appropriate consideration to the sampling risk in the determination of whether the projected misstatement plus sampling risk is greater than the tolerable misstatement
• B)give appropriate consideration to the sampling risk in the determination of whether the projected misstatement plus sampling risk is less than the tolerable misstatement
• C)gather additional evidence to determine the amount of the material misstatement
• D)gather additional evidence to determine the amount of the actual tolerable misstatement

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Definitions:

Carbon Monoxide Poisoning

Exposure to excessive levels of carbon monoxide gas, which is toxic, leading to symptoms like headache, dizziness, and possibly death.

Firearms

Weapons capable of firing a projectile using gunpowder or another propellant, including guns, rifles, and pistols.

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment.

Affective Response

An emotional reaction or response to stimuli, reflecting a person's feelings or emotions.