Sentence examples for material errors from inspiring English sources
That would make them liable for material errors and omissions in their ratings.
While the good news for consumers is that 98 percent of credit reports don't contain material errors, our members look forward to continuing to push down the material error rate.
John Ulzheimer, a credit-industry expert, says the study suggests errors are far more frequent than an industry-backed study in 2011, which found that fewer than 1 percent of reports have material errors.
In a written statement, PricewaterhouseCoopers said that it stood by its audits of AvtoVAZ, that there were no material errors in its 1997 financial statements and that the accounting firm could not respond to general and unsubstantiated claims by the former employee.
The results from both experiments indicate that although nonprofessional investors believe that continuous auditing decreases the likelihood of material errors and asset misappropriation, nonprofessional investors do not concomitantly increase their investment upon learning about the implementation of these sophisticated continuous assurance techniques.
We assumed that these responses could result from diagnostic uncertainties rather than material errors, and we retained them in analysis.
Over all, 26 percent of the participating consumers identified at least one "potentially material' error in at least one of their three reports.
The report defined a "potentially material error" as an alleged inaccuracy in information that is commonly used to generate credit scores.
"Affected by material error" (in European Union parlance) means money stolen from the budget.But euphemisms can also be benign, even necessary.
Unlike a securities fraud claim under Rule 10b-5, however, there is no need to prove any intent to mislead, only that a material error was made.
Poor microfilm quality development is often the result of human, not material, error, and when it comes to copying these historic records onto microfilm, a reasonable amount of care is required.
