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x Your answer is incorrect. Charlene and Jason are completing their audit of Newsome Enterprises, LLC. Charlene mentions to Jason that he should evaluate materiality
x Your answer is incorrect. Charlene and Jason are completing their audit of Newsome Enterprises, LLC. Charlene mentions to Jason that he should evaluate materiality again as the audit is now pretty much complete. What should Jason do at this juncture with respect to materiality? Jason should examine beginning materiality and make the adjustments necessary to ensure the auditors are still under this materiality threshold. Jason should request management confirm and agree that the beginning materiality as set by the audit firm is still appropriate. Jason should reexamine materiality determined at the beginning of the audit to confirm its appropriateness. None of these answer choices are correct
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