Materiality is a concept that can be applied quantitatively, Ask an Expert

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Materiality is a concept that can be applied quantitatively or qualitatively. in essene, it is a concept used to ensure that the auditor gathers sufficient evidence to render and opinion on the financial statements without adversely affecting the decision of a reasonable person relying on the financial statements.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9796902

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