Silka is in the process of performing an audit During the

Question

Silka is in the process of performing an audit. During the audit, Silka decided to change materiality. A valid reason for this would be

A) a new user of the financial statements was identified.

B) a fraud was discovered in the accounts payable section.

C) materiality required the auditors to perform too many tests.

D) too many errors were found during testing.

Answer

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