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Ask the Tutor ACCA AAA

Materiality

Former userFormer user3y ago

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KimKimTutor3y ago#1
In Q1 you should do as instructed. You shouldn't assume it will always be PBT. In other Qs e.g. "completion stage" you should assess a misstatement against a relevant benchmark i.e. not again revenue unless revenue is affected.
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