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maam I am struggling in the this question’s part a) ii) and iii) to identify which of the many amounts available I should be using for my materiality calculation.
any definite rule to follow, when selecting a specific amount for materiality calculation?
See here https://opentuition.com/topic/materiality-matter-vs-misstatement – this is also a query about materiality in Lifeson
And there are lots of other related posts that may help:
https://opentuition.com/topic/materiality-calculation-4
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