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npeelman npeelman
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6 years ago
The materiality for Holloy Company is $75,000. There are carryforward misstatements of $25,000 from the previous year. Current year anticipated misstatements are $15,000, with anticipated corrections of $10,000. What is the performance materiality?
A) $45,000
B) $50,000
C) $55,000
D) $90,000
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

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


Edition: 12th
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inthe80sinthe80s
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6 years ago
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