Question: Current Attempt in Progress An item is considered material if it does not cost a lot of money. it is of a tangible good. its

Current Attempt in Progress
An item is considered material if
it does not cost a lot of money.
it is of a tangible good.
its size is likely to influence the decision of an investor or creditor.
the cost of reporting the item is greater than its benefits.
Current Attempt in Progress An item is considered material if it

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