Materiality Is Used in All of the Following Situations of Providing

question 34

Multiple Choice

Materiality is used in all of the following situations of providing financial information, except:

• A) where an amount is of relative large size and importance.
• B) where it would impact the judgment of a reasonable person.
• C) where it would not make a difference in the actions of decision maker.
• D) where omission of the information would result in bias.