Anaba Sampson is an audit assistant of Global Accountants, a firm of Chartered Accountants. During the audit of a client's account, for the year ended 31 December 2020, Anaba Sampson detected an error amounting to Ten Ghana Cedis (GH10.00) in respect to each interest payment which recurred a number of times. The Chief Accountant of the client advised Apaba not to request for passing any adjustment entry as individually the errors were insignificant. The company had GHS 3,000 deposit accounts and interest was paid half yearly. Required: i) ii) Describe the factors that affect judgment about materiality. Discuss the advice of the Chief Accountant