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    Modern Auditing Assurance
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    Exam 5: Overview of the Audit Process
  5. Question
    The Concept of Materiality Is Defined by the Financial Accounting
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The Concept of Materiality Is Defined by the Financial Accounting

Question 38

Question 38

Multiple Choice

The concept of materiality is defined by the Financial Accounting Standards Board in terms of the judgment of the:


A) auditor.
B) preparer.
C) FASB members.
D) users.
E) AICPA members.

Correct Answer:

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