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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 25
Which of the following is not a benefit claimed for the practice of determining materiality in the initial planning stage of an audit?
A) Being able to fine-tune the audit work for effectiveness and efficiency.
B) Avoiding the problem of doing more work than necessary (overauditing).
C) Being able to decide early what type of audit opinion to issue.
D) Avoiding the problem of doing too little work (underauditing).
A) Being able to fine-tune the audit work for effectiveness and efficiency.
B) Avoiding the problem of doing more work than necessary (overauditing).
C) Being able to decide early what type of audit opinion to issue.
D) Avoiding the problem of doing too little work (underauditing).
Explanation
Verified
Verified
Materiality means that level of an item ...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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