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The auditors sometimes decide to allocate the amount of materiality for planning to various financial statement accounts. Required: a. Explain why auditors typically decide to

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The auditors sometimes decide to allocate the amount of materiality for planning to various financial statement accounts. Required: a. Explain why auditors typically decide to allocate materiality for planning to individual financial statement accounts. b. Describe why the total amount of materiality for planning allocated to individual accounts may exceed overall materiality

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