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When Can a Minor Dollar Amount Nonetheless Be Considered to Be

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Short Answer

When can a minor dollar amount nonetheless be considered to be "material" in financial accounting reporting?


Definitions:

Freud

Sigmund Freud, recognized for his theories on the unconscious mind and the development of psychoanalytic therapy.

Fixation

In psychology, a persistent focus of the id’s pleasure-seeking energies at an earlier stage of psychosexual development.

Freud

An Austrian neurologist named Sigmund Freud established psychoanalysis, which is a method for addressing mental illnesses by facilitating dialogue between a psychoanalyst and their patient.

Excessive

Amounts or actions that go beyond what is considered normal, necessary, or reasonable.

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