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dcooper78 dcooper78
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2 years ago
Which of the following statements is not correct?

▸ Materiality is a relative rather than an absolute concept.

▸ The most important base used as the criterion for deciding materiality is total assets.

▸ Qualitative factors as well as quantitative factors affect materiality.

▸ Given equal dollar amounts, frauds are usually considered more important than errors.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
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Kmc14Kmc14
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2 years ago
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dcooper78 Author
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2 years ago
You make an excellent tutor!
Mcb
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Yesterday
Thanks
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2 hours ago
Thank you, thank you, thank you!
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