List the five steps in applying materiality in an audit.
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Q160: Which of the following statements is false?
A)
Q161: If the total misstatement of an account
Q162: Auditors allocate the preliminary judgment about materiality
Q163: Likely misstatements can result from
A) 
Q164: If the auditor approaches the audit of
Q166: Sampling risk results if the sample accurately
Q167: The preliminary judgment on materiality is compared
Q168: Total estimated misstatements include known misstatements and
Q169: To calculate the estimate of the likely
Q170: Auditors are _ to document the known
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