In making a preliminary judgments about materiality, the auditor initially determines the aggregate (overall) level of materiality for each statement. For planning purposes, the auditor should use the:
A) levels separately.
B) level he or she judges to be the more reliable.
C) average of these levels.
D) largest aggregate level.
E) smallest aggregate level.

Question

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The Answer of In making a preliminary judgments about materiality, the auditor initially determines the aggregate (overall) level of materiality for each statement. For planning purposes, the auditor should use the:
A) levels separately.
B) level he or she judges to be the more reliable.
C) average of these levels.
D) largest aggregate level.
E) smallest aggregate level.

In Making a Preliminary Judgments About Materiality, the Auditor Initially