Devrij Company is a privately held manufacturer of cellphones. Its financial statements show the following: Total expenses: $3,500,000, Total assets: $19,500,000, Total revenues: $8,000,000, Total...

Extracted text: Devrij Company is a privately held manufacturer of cellphones. Its financial statements show the following: Total expenses: $3,500,000, Total assets: $19,500,000, Total revenues: $8,000,000, Total liabilities: $6,500,000, During the audit, the auditor detected three misstatements in the following accounts: Notes Payable: $125,000, Land: $20,000, Building: $70,000. Based on the above information: * Two single misstatements are greater than the tolerable misstatement O The aggregated misstatements are greater than the planning materiality One single misstatement is greater than the tolerable misstatement Each single misstatement is greater than the tolerable misstatement The purpose of the requirement in having communication between the