Management Notes

Reference Notes for Management

In determining the level of materiality for an audit, what should not be considered?

In determining the level of materiality for an audit, what should not be considered?

In determining the level of materiality for an audit, what should not be considered?

 Options:

a) Prior year’s errors
b) The auditor’s remuneration
c) Adjusted interim financial statements
d) Prior year’s financial statements

The Correct Answer Is:

b) The auditor’s remuneration

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