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    Auditing and Assurance
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    Exam 6: Audit Planning and Risk Assessment
  5. Question
    The Materiality Threshold for Each Account Balance or Class of Transactions
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The Materiality Threshold for Each Account Balance or Class of Transactions

Question 37

Question 37

Multiple Choice

The materiality threshold for each account balance or class of transactions is called


A) tolerable misstatement
B) material assertion
C) substantive rule of thumb
D) account deficiency

Correct Answer:

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