Question: Discuss the following.Include in your discussion whether each item is using a quantitative approach, a qualitative approach, a combination of quantitative and qualitative approach, or

Discuss the following.Include in your discussion whether each item is using a quantitative approach, a qualitative approach, a combination of quantitative and qualitative approach, or some other measure.For whichever measure is being used, discuss how the approach is measured or defined and examples of how it is used:

Materiality as defined by the AICPA's Auditing Principles Board AU-C 320.

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