20.Audit/Accounting standards do not suggest which of the following related to materiality (which statement below is not

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20.Audit/Accounting standardsdo notsuggest which of the following related to materiality (which statement below isnot true)?

a. A material amount is that at which a reasonable individual's decision would be changed.

b. Materiality is composed of quantitative and qualitative aspects.

c. Materiality is defined as the amount that would impact the decision of the government (regulators).

d.Materiality impacts which accounts the auditor tests, determine if an error found is important, and determine the overall reasonableness of the financial statements.

Posted Date: Jun 21, 2024 10:05 PM

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20.Audit/Accounting standards do not suggest which of the following related to materiality (which statement below is not

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