Question
The ASA C0. has assets total of 100 000 million TL, profit before tax of 1 500 millionTL, annual revenue of 50 000 million TL.
The ASA C0. has assets total of 100 000 million TL, profit before tax of 1 500 millionTL, annual revenue of 50 000 million TL. for the year 2020, These annual values are stable for the last 3 years. The audit has been assessed as a high risk audit. What would be the most reasonable Beginning materiality for ASA C0. audit?
A.
10 million TL
B.
500 000 TL
C.
50 million TL
D.
1 million TL
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
