Risk of incorrect rejection: the risk that the sample supports the conclusion that the recorded amount balance is materially misstated when it is not materially misstated.
Some felt that the list was incorrect by virtue of their omission; among those that were included, some felt the amount of their fortune had been misstated.
An appellation may be false if it misstates the origin of the product or if it is applied contrary to local, loyal and constant usage, in effect a quality clause.
Supporters of the existing tort system, including consumer advocates, argue that reformers have misstated the existence of any real factual issue and criticize tort reform as disguised corporate welfare.
The same use of hedonic models analyzing consumer prices in other countries has shown that non-hedonic methods may misstate inflation over time by failing to take quality changes into account.
These standard rating definitions are designed to allow correct machine selection and valid comparisons between manufacturers to prevent them from misstating the performance of their machines, and to guide designers.
Accounting irregularities can consist of intentionally misstating amounts and other information in financial statements, or omitting information required to be disclosed.