Question: If new information becomes wallable that could require a reflaluation of the quantitative level of materiality applied during an asodit of an issuer, then the
If new information becomes wallable that could require a reflaluation of the quantitative level of materiality applied during an asodit of an issuer, then the audieor should
Raise the materiality level, but not lower
Lower the materiality level but not rase is
Rave of lower the materiality level as appropriate to the situation.
Not change the materiality level once it has been established.
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