A. A matter is material only if it changes the audit report
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
C. A matter is material only if it affects directors’ emoluments
D. A matter is material if its omission or misstatement would reasonably influence the decisions of an addressee of the auditors’ report
Correct Answer: D. A matter is material if its omission or misstatement would reasonably influence the decisions of an addressee of the auditors’ report ✔
Last Updated: July 09, 2017