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Per the new definition in SAS No . 1 3 8 , misstatements, including omissions, are considered to be material if there is a substantial

Per the new definition in SAS No

. 138,

misstatements, including omissions, are considered to be material if there is a substantial likelihood that, individually or in the aggregate, they

_____

influence the judgment of a reasonable user made based on the financial statements.

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