Prep
Bee
Pakistan
Free MCQ Practice Platform for Govt Job Exams
Home
MCQs
Quiz
Past Papers
FIA Prep
Contact
Quiz Mode
Login
Register
Preparing your study page...
Home
MCQs
Management Sciences
MEDIUM
ENGLISH
Management Sciences
Which of the following is correct in relation to materiality?
A
A matter is material only if it changes the audit report
Option A
B
A matter is material if the auditor and the directors both decide that further work needs to be done in the area under question
Option B
C
A matter is material only if it affects directors’ emoluments
Option C
A matter is material if its omission or misstatement would reasonably influence the decisions of an addressee of the auditors’ report
Correct answer
Correct answer: D
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs