For publicly held corporations,the verification of owners' equity is more complex due to the

Question

Quizplus · Accepted Answer

Publicly held corporations have a larger number of shareholders, and there are frequent changes in the individuals holding the shares, making it more complex to verify owners' equity. There may also be different classes of shares with varying voting rights, dividend preferences, and other features that need to be taken into account. Therefore, B is the correct choice. A is not true as the number of equity accounts is not the issue. C is also not correct as the problem is not confirming shares but verifying owners' equity. D is incorrect, as audit risk and materiality considerations are not directly related to the complexity of verifying owners' equity.

For Publicly Held Corporations,the Verification of Owners' Equity Is More