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    Financial Accounting Study Set 19
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    Exam 1: A Framework for Financial Accounting
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    Materiality Is Based Upon Which Factor(s)
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Materiality Is Based Upon Which Factor(s)

Question 23

Question 23

Multiple Choice

Materiality is based upon which factor(s) ?


A) Timeliness of an item.
B) Amount and nature of an item.
C) Consistency of an item.

Correct Answer:

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