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Author Question: Which of the following statements is true concerning the allocation of preliminary materiality? (Read 54 times)

dekbert

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on: Aug 21, 2022
Which of the following statements is true concerning the allocation of preliminary materiality?
◦ It is necessary to allocate preliminary materiality to financial statements as a whole rather than by segments.
◦ Preliminary materiality should be allocated to income statement accounts only.
◦ Preliminary materiality is required by the SEC.
◦ The PCAOB term used when preliminary materiality is allocated to segments is tolerable misstatement.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by dekbert on Aug 21, 2022

AarionnaH

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dekbert

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

hollysheppard095

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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