What does clearly trivial mean on the CPA exam?
Clearly trivial. So small that it plainly does not matter, on its own or added to everything else. Misstatements below this threshold are not even accumulated for evaluation.
Defined against AU-C 450.05.
Which CPA exam sections use clearly trivial?
Clearly trivial appears in the AUD section of the CPA exam.
Related terms
- component materiality: Materiality set for one part of a group, below group materiality, so that undetected errors across several components cannot add up past the group threshold.