Which of the Following Is Not a Consideration in Determining

question 42

Multiple Choice

Which of the following is not a consideration in determining a measure of materiality?

• A) Risks of material misstatements due to fraud
• B) Quantitative assessment of the importance of the difference of opinion with client management on an accounting issues
• C) Qualitative assessment of the importance of the difference of opinion with client management on an accounting issues
• D) Importance of audit committee in the organization

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Definitions:

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Positive Communication

The practice of conveying messages in a constructive, encouraging, and optimistic manner to foster effective interpersonal interactions.

Harmonious

Describes a situation or combination of elements that are in a coherent and pleasing arrangement, often in reference to sound or music.

Rapport

A positive relationship based on mutual trust, understanding, and emotional affinity.