☰
✨ EY Prep 🩷
←
🔍
Audit
🟢 Easy
1 / 5
Score: 0
What is a 'material misstatement'?
A.
Any accounting error, however small
B.
A misstatement that could influence the economic decisions of users of the financial statements
C.
An error in the company's physical asset records only
D.
A misstatement identified by management before the audit