Which of the following statements is not correct about materiality?

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Xaibi Aslam · Accepted Answer

Materiality is a relative concept

Xaibi Aslam · Answer

Materiality judgments involve both quantitative and qualitative judgments

Xaibi Aslam · Answer

Auditor’s consideration of materiality is influenced by the auditor’s perception of the needs of an informed decision maker who will rely on the financial statements

Xaibi Aslam · Answer

At the planning state, the auditor considers materiality at the financial statement level

Xaibi Aslam · Answer

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Question #73151

Which of the following statements is not correct about materiality?

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Question #73151

Which of the following statements is not correct about materiality?

Options:

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Category

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