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26 Which of the following statements about materiality is most likely to be true ? A . Materiality requires that relatively more time be directed

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26 Which of the following statements about materiality is most likely to be true ? A . Materiality requires that relatively more time be directed to those areas that are more susceptible to fraud B . Perfor mance materiality is less than materiality for the financial statements as a whole C . Materiality at the assertion level is larger than for the financial statements as a whole Is as a who D. Materiality is measured according to specific AICPA standards

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