Question

Auditor discretionary matters giving rise to an emphasis-of-matter paragraph include:

a) Routine financial transactions
b) Matters requiring significant judgment
c) Standard operating procedures
d) Predictable financial trends

Answer 1

The subject of this question is Business. The question is asking about the discretionary matters that can lead to an emphasis-of-matter paragraph in an audit report.

Step-by-step explanation:

The subject of this question is Business. Specifically, the question is referring to auditor discretionary matters giving rise to an emphasis-of-matter paragraph. These discretionary matters include matters requiring significant judgment, as auditors often need to exercise professional judgment when evaluating certain transactions or events. Routine financial transactions and standard operating procedures may not typically give rise to an emphasis-of-matter paragraph unless they involve significant issues or deviations from the norm. Similarly, predictable financial trends may not necessarily result in an emphasis-of-matter paragraph unless there are significant implications or uncertainties surrounding these trends.