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Which of the following statements is not correct? A. The concept of materiality is relative rather than absolute B. Total assets is the most important
Which of the following statements is not correct? A. The concept of materiality is relative rather than absolute B. Total assets is the most important base used to decide materiality C. Materiality is affected by qualitative factors as well as quantitative factors D. Given equal dollar amounts, fraud is usually considered more important than an error Moving to another question will save this response
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