Materiality is affected by quantitative and ________ factors.
A) audit risk
B) absolute
C) relevant
D) qualitative

Name: Materiality is affected by quantitative and ________ factors. A) audit risk B) absolute C) relevant D) qualitative
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Question

Quizplus · Accepted Answer

Materiality is affected by both quantitative and qualitative factors. Quantitative factors include financial values, such as dollar amounts or percentages, while qualitative factors include other circumstances and contexts that may impact the decision-making process.

Materiality Is Affected by Quantitative and ________ Factors