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Hi. Could anyone please let me know how to find / calculate the “preliminary materiality proposed”? Every time when I go through answer for audit risk, under materiality there will always answer like this example “preliminary materiality proposed of $3M” , but I couldn’t find / calculate where to get the figure. Please help T.T
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https://opentuition.com/topic/how-to-get-the-preliminary-materiality-proposed
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