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Misstatement Settings

Specify the type of misstatement being imported in the Misstatement drop-down.

Important: This option is only available when the adjusting entry type is set to Normal adjusting, Reclassifying, Eliminating, Tax, or Other basis.

Option Description
N/A  
Factual Misstatements where there is no doubt and where supporting documentation is available.
Projected The auditor's best estimate of misstatements in populations; usually derived from sampling.
Judgmental Differences arising from the judgements of management concerning accounting entries.

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