Materiality means: a. The amount in question is greater than 10% of total assets. b. The amount
Question:
Materiality means:
a. The amount in question is greater than 10% of total assets.
b. The amount in question is greater than 10% of revenue.
c. The amount in question would have resulted in a different decision had it been known to the fi nancial statement users.
d. The amount in question had the potential to result in a different decision had it been known to financial statement users.
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Related Book For
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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