Calculating materiality. Dell Computers reported total revenue of $49,205,000,000 and total assets of $23,215,000,000 in 2005. a.
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Calculating materiality. Dell Computers reported total revenue of $49,205,000,000 and total assets of $23,215,000,000 in 2005.
a. Calculate materiality for the company using the worksheet in this chapter.
b. How will the auditor use this materiality level in planning the audit?
c. Describe how the materiality level might be used in evaluating audit evidence.
d. How does the materiality level impact the audit opinion?
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a Materiality based on the worksheet Base amount 49205 million Materiality 23791960 or 1780000...View the full answer
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Related Book For 
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
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