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    Modern Auditing and Assurance Services
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    Exam 10: Materiality and Audit Evidence
  5. Question
    "Tolerable Error" (Or Tolerable Misstatement) Is the Term Used to Indicate
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"Tolerable Error" (Or Tolerable Misstatement) Is the Term Used to Indicate

Question 26

Question 26

Multiple Choice

"Tolerable error" (or tolerable misstatement) is the term used to indicate materiality at the:


A) balance sheet level.
B) income statement level.
C) account balance level.
D) transactions level.

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