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This question states that the Receivable is not material.
However following guidelines percentages:
2.4% revenue > 0.5%
75% Assets > 1%
Why is the answer not then material?
Please explain how I should use the guidelines as I am confused
75% Profit > 5%
I don’t have an up-to-date BPP revision kit. Tell me the name of the question and I’ll see if I can find it somewhere.
I’m really sorry, but I haven’t been able to track down this question.