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Materiality in GAAS and GAAP depends on whether the information provided, in light of surrounding circumstances, makes it ________________ that the judgment of a reasonable
"Materiality" in GAAS and GAAP depends on whether the information provided, in light of surrounding circumstances, makes it ________________ that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement.
Given the information above, which of the following is the correct answer?
- More Likely Than Not
- Probable
- Possible
- Likely
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