EBK AUDITING+ASSURANCE SERVICES
EBK AUDITING+ASSURANCE SERVICES
17th Edition
ISBN: 9780135171219
Author: ARENS
Publisher: PEARSON CO
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Chapter 3, Problem 17RQ
To determine

Explain the reason behind with the materiality differs for failure to follow GAAP and for lack of independence.

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Explain how materiality differs for failure to follow GAAP and for lack of independence.  (Better explanation)
Define the term materiality and explain why it may be difficult to apply in practice
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