Which Measure(s)of Materiality Considers Quantitative Considerations A)Option a
B)Option B
C)Option C
D)Option D

question 40

Multiple Choice

Which measure(s) of materiality considers quantitative considerations?  
$\begin{array}{lll}&\text { Planning } & \text { Evaluation } \\\text { A. } & \text { Yes } & \text { Yes } \\\text { B. } & \text { Yes } & \text { No } \\\text { C. } & \text { No } & \text { Yes } \\\text { D. } & \text { No } & \text { No }\end{array}$
 

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Natural Monopoly

A type of monopoly that arises because a single firm can supply a good or service to an entire market at a lower cost than could two or more firms.

Patent

A legal document granted by the government that gives an inventor exclusive rights to make, use, or sell an invention for a certain number of years.

Exclusive Right

A legal privilege granted to an individual or organization to be the sole provider or practitioner of a specific service or product in a particular area.

Forever

A term indicating an infinite or unspecified period of time, often used in the context of time without end.