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48. Which of the following concepts about materiality is incorrect? a. Materiality is directly related to the acceptable level of detection risk b. Materiality does

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48. Which of the following concepts about materiality is incorrect? a. Materiality is directly related to the acceptable level of detection risk b. Materiality does not apply if internal control is highly effective c. Materiality is a matter of professional audit judgment d. Materiality is more closely related to fieldwork and reporting standards than to general standards

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