MCQs>Finance & Management>Bookkeeping>Which of the following statements in relation to materiality is true? I. Materiality of item depends on their individual or collective influence on the economic decisions of users. II.Materiality of an item depends on its absolute size and nature
Bookkeeping MCQs
Which of the following statements in relation to materiality is true? I. Materiality of item depends on their individual or collective influence on the economic decisions of users. II.Materiality of an item depends on its absolute size and nature
Answer
Correct Answer: Both I and II
Explanation:
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