According to PAS 1, the judgments and estimates embodied in the financial statements, for example, materiality judgments, assessments of uncertainty and risk, and the like, are the responsibility of the entity's

According to PAS 1, the judgments and estimates embodied in the financial statements, for example, materiality judgments, assessments of uncertainty and risk, and the like, are the responsibility of the entity's

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter2: Audits Of High-risk Accounts

Section2.7: Bankrate, Inc.

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Question

According to PAS 1, the judgments
and estimates embodied in the
financial statements, for example,
materiality judgments, assessments
of uncertainty and risk, and the like,
are the responsibility of the entity's *
management.
accountant.
auditor.
O janitor

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