According to SAB 108, what approach is used when assessing uncorrected misstatements?
A) Matrix approach.
B) Dual approach.
C) Percentage approach.
D) Judgmental approach.

Question

Quizplus · Accepted Answer

SAB 108 requires the use of the dual approach, which considers both the iron curtain and rollover methods to assess the impact of uncorrected misstatements on financial statements.

According to SAB 108, What Approach Is Used When Assessing