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For Purposes of an Integrated Audit, Materiality Is Assessed Within

Question 51

Multiple Choice

For purposes of an integrated audit, materiality is assessed within the context of users who have


A) appropriate knowledge of business and economic activities
B) an understanding that financial statements are prepared and audited to levels of materiality
C) the ability to make appropriate economic decisions on the basis of information in the financial statements
D) all of the above

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