Which of the following phrases is not a part of the definition of materiality? a. The magnitude
Question:
Which of the following phrases is not a part of the definition of materiality?
a. The magnitude of an omission or misstatement of accounting information that,
b. in light of surrounding circumstances,
c. makes it probable that the judgment of a reasonable person relying on the information,
d. would not have changed or been influenced by the omission or misstatement.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing Integrated Concepts And Procedures
ISBN: 9781260299397
5th Edition
Authors: Donald H. Taylor, G. William Glezen
Question Posted: