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Home Q & A Board Other Fields Homework Help Business Accounting
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eFishie eFishie
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6 years ago
Since materiality is relative, it is necessary to have bases for establishing whether misstatements are material. Normally, the most important base for deciding what is material, because it is regarded as a critical item of current period information for users, is
A) total assets.
B) net income.
C) net working capital.
D) net income before taxes.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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victroxvictrox
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6 years ago
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eFishie Author
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6 years ago
Good timing, thanks!
Marcie D
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Yesterday
Correct Slight Smile TY
gma_of_7
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2 hours ago
this is exactly what I needed
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