Which of these factors could not be the cause of a material misstatement?
A) selection of inappropriate accounting policies
B) inadequate disclosure.
C) disagreement with those charged with governance in relation to the financial statements
D) none of the above, i.e. all could be the cause of material misstatement

Question

Quizplus · Accepted Answer

All the options listed (A, B, and C) could indeed be causes of material misstatement in financial statements. Inappropriate accounting policies might lead to incorrect financial reporting, inadequate disclosure could hide significant information leading to misinterpretation, and disagreements with those charged with governance could indicate underlying issues in financial reporting or compliance.

Which of These Factors Could Not Be the Cause of a Material