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Justify/Support your Preliminary Judgment about Materiality State the factors you considered when you chose the base and the percentage for the preliminary judgment about

Justify/Support your Preliminary Judgment about Materiality State the factors you considered when you chose the base and the percentage for the preliminary judgment about materiality. Link the percentage you chose to the level of acceptable audit risk. Base: Percentage:

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Answer I considered the base to be the total revenue for the company and the percentage to be 5 I chose this percentage because it represents a low le... blur-text-image

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