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What is the level of performance materiality? Revenue: $5,076 million Planning material is set at 0.5% of revenue Performance materiality for inventory is 75% of

What is the level of performance materiality?

Revenue: $5,076 million

Planning material is set at 0.5% of revenue

Performance materiality for inventory is 75% of planning materiality for understatements and 50% of planning materiality for overstatements.

Expected misstatement is 0.25% Confidence level is 95%

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