Identify four major classes of financial statement users. For each group identified, indicate (1) how differences between

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Identify four major classes of financial statement users. For each group identified, indicate 

(1) how differences between the groups might affect materiality, 

(2) how those differences might affect the importance of the presentation of individual items included in financial statements. 

How does the auditor reconcile potential differences between groups in determining planning materiality for an audit engagement?

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