Question: If the materiality figure was $200,000 for example, how would this work? b) Assuming that the auditors require Detection Risk to be LOW in order

If the materiality figure was $200,000 for example, how would this work?

b) Assuming that the auditors require Detection Risk to be LOW in order to reduce Audit Risk to an acceptably LOW level overall, what impact would this have on the determination of the materiality figure?

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