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Materiality Is Used in All of the Following Situations of Providing

Question 132

Multiple Choice

Materiality is used in all of the following situations of providing financial information, except:


A) where an amount is of relative large size and importance.
B) where it would impact the judgment of a reasonable person.
C) where it would not make a difference in the actions of decision maker.
D) where omission of the information would result in bias.

Correct Answer:

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