Allu8470 Allu8470

27-12-2022
Business

Answered

Select the statement that is most accurate with regard to materiality.
a Materiality does not create discretionary choices for managers, executives and auditors.
b Earnings management is not sufficiently material to constitute fraud.
c Materiality is based on a percentage of net sales.
d Materiality includes both quantitative and qualitative factors.

Answer :

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