When setting a preliminary judgment about materiality, Question content area bottom Part 1...
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Accounting
When setting a preliminary judgment about materiality, Question content area bottom Part A the same amount of evidence is required for either low or high dollar amounts. B less evidence is required for a low dollar amount than for a high dollar amount. C more evidence is required for a low dollar amount than for a high dollar amount. D there is no relationship between materiality and the dollar amount of evidence needed.
When setting a preliminary judgment about materiality,
Question content area bottom
Part
A
the same amount of evidence is required for either low or high dollar amounts.
B
less evidence is required for a low dollar amount than for a high dollar amount.
C
more evidence is required for a low dollar amount than for a high dollar amount.
D
there is no relationship between materiality and the dollar amount of evidence needed.
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