Exam (elaborations)
ACCA Advanced Audit and Assurance Q uestions and Answers Graded A+
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ACCA Advanced Audit and Assurance Define materiality - Answer- Matters are material if their omission or misstatement could influence the economic decisions of users of the financial statements. What are the materiality benchmarks? - Answer- - Above 1⁄2- 1% of revenue - Above 1 - 2% of t...
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