Devry ACCT 444 Week 3 DQ 2
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Devry ACCT 444 Week 3 DQ 2
Discuss the steps involved in setting the preliminary judgment about materiality. Class, the concept of materiality is important in the context of auditing. Materiality is a function of the time, the situation, and the people involved. What is material from the point of view of a bank that lends money to the firm?
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