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A Material Item Is One That Is Likely to Influence

question 42

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A material item is one that is likely to influence an investor's decision.


Definitions:

Company Policies

Internal guidelines and rules set by a business to govern its operations, employee behavior, and decision-making processes.

Employees

Individuals who are hired by a person or business to perform specific jobs in exchange for compensation, typically salary or wages.

Certainty

The state of being free from doubt or reservation; a condition of predictability and assurance regarding certain facts or outcomes.

Court

A governmental institution with the authority to adjudicate legal disputes between parties and administer justice in civil, criminal, and administrative matters.

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