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    Auditing and Assurance Services Study Set 2
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    Exam 8: Audit Planning and Materiality
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    The Auditor's Preliminary Judgment About Materiality Is the Maximum Amount
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The Auditor's Preliminary Judgment About Materiality Is the Maximum Amount

Question 34

Question 34

True/False

The auditor's preliminary judgment about materiality is the maximum amount by which the auditor believes the financial statements could be misstated and still not affect the decisions of reasonable users.

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