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Review Garcia and Foster's calculations of materiality thresholds for the 20X2 audit (workpaper B.2.1) Determine if the auditors correctly applied the materiality concept in their
Review Garcia and Foster's calculations of materiality thresholds for the 20X2 audit (workpaper B.2.1) Determine if the auditors correctly applied the materiality concept in their risk assessment procedures. Describe any problems you find and provide suggestions for improvement.
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