What is the relationship between audit risk and materiality, and evidence? Why does setting a lower materiality

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What is the relationship between audit risk and materiality, and evidence? Why does setting a lower materiality level affect the number of items that are material and the assessment of the sufficiency and appropriateness of audit evidence?

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Auditing A Practical Approach

ISBN: 978-1742165943

1st Canadian Edition

Authors: Robyn Moroney

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Question Posted: Mar 11, 2016 02:28 AM

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What is the relationship between audit risk and materiality, and evidence? Why does setting a lower materiality

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The figures in the chapter show that there is an inverse relationship between detection risks DR and ...View the full answer

Auditing A Practical Approach

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