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QUESTION 22 Information is considered qualitatively material if it (Chapter 3) can be presented as a percentage of net income affects a user's decision-making process

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QUESTION 22 Information is considered qualitatively material if it (Chapter 3) can be presented as a percentage of net income affects a user's decision-making process for a reason other than its magnitude includes liquidity ratios of interest to bond holders exceeds the dollar magnitude of an auditor's planning materiality assessment

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