Although Different Audit Firms Take Different Approaches,planning Materiality Could Be

Multiple Choice

Although different audit firms take different approaches,planning materiality could be the same as overall materiality,or could be a percentage of overall materiality,generally ranging from:

A) 25% to 75% of overall materiality.
B) 50% to 75% of overall materiality.
C) 25% to 50% of overall materiality.
D) 40% to 75% of overall materiality.