Which of the Following Is Not a Consideration in Determining

question 42

Multiple Choice

Which of the following is not a consideration in determining a measure of materiality?

• A) Risks of material misstatements due to fraud
• B) Quantitative assessment of the importance of the difference of opinion with client management on an accounting issues
• C) Qualitative assessment of the importance of the difference of opinion with client management on an accounting issues
• D) Importance of audit committee in the organization

---

Definitions:

Analysis of Accomplishments

A review and evaluation of completed tasks or achievements, often to understand strengths or areas for improvement.

Career Development Portfolio

A collection of documents and materials that evidence an individual's skills, achievements, and experiences, supporting their professional growth.

Employment Data

Information related to workforce statistics, including employment rates, job vacancy rates, wage levels, and other labor market indicators.

Labor Statistics

Data and analysis related to employment, unemployment, wages, and workplace conditions, often compiled by government agencies.