Question: Kindly explain them in detail. Course: Auditing AUDITING ASSIGNMENT 1 Explain these terminologies in your own words: 1. Determination of overall materiality 2. Determination of

Kindly explain them in detail. Course: Auditing AUDITING ASSIGNMENT 1 Explain

Kindly explain them in detail. Course: Auditing

AUDITING ASSIGNMENT 1 Explain these terminologies in your own words: 1. Determination of overall materiality 2. Determination of performance materiality 3. Factual Misstatements 4. Judgmental misstatements 5. Projected misstatements 6. Disclosure misstatements 7. Audit Risk

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