Explain how setting a lower materiality level affects the number of items that are material and affects

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Explain how setting a lower materiality level affects the number of items that are material and affects the decisions about the nature, extent, and timing of the audit procedures.

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Dec 30, 2019 06:04 AM

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Explain how setting a lower materiality level affects the number of items that are material and affects

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The materiality amount has an inverse relationship to t...View the full answer

Auditing A Practical Approach with Data Analytics

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