Define materiality as it is used in accounting and auditing. What is the relationship between materiality and

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Define materiality as it is used in accounting and auditing. What is the relationship between materiality and the phrase "obtain reasonable assurance" used in the auditor's report?

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Auditing The Art and Science of Assurance Engagements

ISBN: 978-0133405507

13th Canadian edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones

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Question Posted: Dec 22, 2016 09:46 AM

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Define materiality as it is used in accounting and auditing. What is the relationship between materiality and

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Materiality is defined as the magnitude of an omissio...View the full answer

Auditing The Art and Science of Assurance Engagements

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