Justify/Support your Preliminary Judgment about Materiality State the factors you considered when you chose the base...
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Justify/Support your Preliminary Judgment about Materiality State the factors you considered when you chose the base and the percentage for the preliminary judgment about materiality. Link the percentage you chose to the level of acceptable audit risk. Base: Percentage: Justify/Support your Preliminary Judgment about Materiality State the factors you considered when you chose the base and the percentage for the preliminary judgment about materiality. Link the percentage you chose to the level of acceptable audit risk. Base: Percentage:
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Answer rating: 100% (QA)
Answer I considered the base to be the total revenue for the company and the percentage to be 5 I chose this percentage because it represents a low le... View the full answer
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
Posted Date:
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