It is the amount or amounts set by the
auditor at less than materiality for the
financial statements as a whole to reduce to
an appropriately low level the probability
that the aggregate of uncorrected and
undetected misstatements exceeds
materiality for the financial statements as a
whole.
a. Lower materiality
b. Lesser materiality
c. Performance materiality
d. Materiality
auditor at less than materiality for the
financial statements as a whole to reduce to
an appropriately low level the probability
that the aggregate of uncorrected and
undetected misstatements exceeds
materiality for the financial statements as a
whole.
a. Lower materiality
b. Lesser materiality
c. Performance materiality
d. Materiality