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Auditors Allocate the Preliminary Judgment About Materiality to Financial Statement

Question 162

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Auditors allocate the preliminary judgment about materiality to financial statement segments rather than by financial statements as a whole. What is the term for the auditor's allocation of preliminary misstatement to account balances?
What are three difficulties auditors face when allocating materiality to balance sheet accounts?

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Performance materiality is the term for ...

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