Question: What is meant by materiality for hypothesis testing using difference estimation ? Explain how the auditor decides what is material and the effect of the

What is meant by materiality for hypothesis testing using difference estimation ? Explain how the auditor decides what is material and the effect of the decision on the required sample size.

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In the context of hypothesis testing using difference estimation materiality refers to the magnitude of the difference or effect that is considered significant or meaningful from a practical or substa... View full answer

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