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When allocating materiality, most practitioners choose to allocate to: O a. The income statement accounts because they are more important. O b. The balance sheet
When allocating materiality, most practitioners choose to allocate to: O a. The income statement accounts because they are more important. O b. The balance sheet accounts because most audits focus on the balance sheet. O d. All the financial statements because it is required by GAAS. O c. Both balance sheet and income statement accounts because there could be errors on either
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