Your firm has recently been engaged as the auditor for Samwiches, a publicly traded restaurant holding company
Question:
Do you think your materiality threshold for revenue for Samwiches quarterly review should be higher or lower than the $200 million threshold used in the audit? Why?
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Related Book For
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks
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