Materiality means: a. The amount in question is greater than 10% of total assets. b. The amount

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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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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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