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1. What will happen for transactions that are not compliant with the existing laws and regulations as per COA regulations? 2. Explain materiality threshold ,

1. What will happen for transactions that are not compliant with the existing laws and regulations as per COA regulations?

2. Explain materiality threshold , different materiality and how it is set by COA auditors in the conduct of the audit.

3. As an Auditor, what will be your guidelines in selecting appropriate benchmark in the calculations of materiality.

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