Do the following regarding auditors' concepts of overall materiality considered at the planning stage (i.e., planning materiality).
Question:
a. Define or describe independent auditors' concept of "planning materiality."
b. Name (but do not describe or explain) three common relationships or considerations used by auditors when assessing the dollar amount considered to be material.
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Related Book For 
Auditing Cases An Interactive Learning Approach
ISBN: 9780134421827
7th Edition
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
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