Question: An item is considered material if a . It doesn't cost a lot of money b . It is likely to influence the decision of
An item is considered material if
a It doesn't cost a lot of money
b It is likely to influence the decision of an investor or creditor.
C It is for a tangible good
d The cost of reporting the item is greater than its benefits
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
