Explain the term materiality as it is used in accounting.
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Explain the term ‘materiality’ as it is used in accounting.
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In accounting the term materiality refers to the concept of significance or importance of information Materiality is a fundamental principle used to g...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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