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Which of the following statements is incorrect about materiality? O A. An item is material i omitting it or misstating it could influence the judgment

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Which of the following statements is incorrect about materiality? O A. An item is material i omitting it or misstating it could influence the judgment of an informed user O B. An item must make a difference or a company need not disclose it . C. A rule is adopted that anything under 10 percent of income is immaterial O D. Materiality is a matter of relative size and importance

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