Question: When allocating performance materiality, Question 4 4 options: A ) the sum of all the performance materiality levels cannot exceed the preliminary judgment about materiality.

When allocating performance materiality,
Question 44 options:
A)
the sum of all the performance materiality levels cannot exceed the preliminary judgment about materiality.
B)
it is easy to predict in advance which accounts are most likely to be misstated.
C)
only overstatements need to be considered.
D)
professional judgment is critical.

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