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  3. Study Set
    Auditing A Risk Based Approach
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    Exam 16: Advanced Topics Concerning Complex Auditing Judgments
  5. Question
    Materiality Judgments Are Made in Light of the Surrounding Circumstances
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Materiality Judgments Are Made in Light of the Surrounding Circumstances

Question 88

Question 88

True/False

Materiality judgments are made in light of the surrounding circumstances, but need not necessarily involve both quantitative and qualitative considerations.

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