Question: 1. According to PCAOB Audit Standard 11, a material difference is a difference that could affect the decisions of the reasonable decision maker using the

1. According to PCAOB Audit Standard 11, a material difference is a difference that could affect the decisions of the reasonable decision maker using the financial statement information. True O False

2. According to the lesson videos, investors typically develop a larger materiality threshold than auditors. True O False

3. According to the lesson, auditors are allowed to invest in the company they are auditing. O True O False

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