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Considering Qualitative Factors.
What are the considerations that may cause a quantitatively small misstatement to be considered material?
Termination
The act of ending or concluding something, such as a contract, employment, or a legal relationship.
Outside Salesperson
A sales representative who travels to meet with potential clients in their locations rather than working from the employer's business site.
Overtime Compensation
Refers to the additional pay provided to employees for hours worked in excess of the standard working hours.
Additional Accounts
Extra accounts or financial records set up for tracking specific transactions separate from the primary account.
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