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7. Select the atatemed that is miost accurate with regard to materiality A. Maferiality does net ereate discretionary cholees for muanigerz, execurives and auditors. B.

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7. Select the atatemed that is miost accurate with regard to materiality A. Maferiality does net ereate discretionary cholees for muanigerz, execurives and auditors. B. I arnings management is not nerficienily material to constitute frausd. C. Materiality includes boith quantitative and quabitative factors. D. Marerialiry is based on a perentage of net vales. 1. None of the above

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