Which of the Following Statements About Materiality Is Not Correct

question 17

Multiple Choice

Which of the following statements about materiality is not correct?

• A)An item must make a difference or it need not be disclosed.
• B)Materiality is a matter of relative size or importance.
• C)An item is material if its inclusion or omission would influence or change the judgment of a reasonable person.
• D)All of these are correct statements about materiality.

---

Definitions:

Fibrin

A fibrous, non-globular protein produced in the blood clotting process, essential for wound healing.

Factor XII

A clotting factor also known as Hageman factor, involved in the initiation of the coagulation cascade in blood clotting.

Osmotic Pressure

The pressure required to prevent the flow of a solvent into a solution through a semipermeable membrane, reflecting the concentration of solutes.

Erythrocytes

Red blood cells that carry oxygen from the lungs to the body tissues and carbon dioxide as a waste product, back to the lungs.