ed in makin 10% of tot 2.5% of to P25,000 or The conte

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.17E: Profitability metrics The following selected data were taken from the financial statements of The...
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teristics.
CS.
Which of the following is an example of a qualitative factor
used in making materiality judgments?
a. 10% of total revenues
b. 2.5% of total assets
C. P25,000 or more
d. The context of an item in relation to a current crisis in the
banking and insurance industry.
Transcribed Image Text:teristics. CS. Which of the following is an example of a qualitative factor used in making materiality judgments? a. 10% of total revenues b. 2.5% of total assets C. P25,000 or more d. The context of an item in relation to a current crisis in the banking and insurance industry.
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