Examlex
If the auditor believes that misstatements aggregating approximately $50,000 would be material to the income statement, but misstatements aggregating approximately $100,000 would be material to the balance sheet, the auditor typically assesses overall materiality at $100,000 or less.
Civil Unions
A legally recognized union of a couple, similar to marriage, which provides some but not all the rights and responsibilities of marriage under the law.
Same-sex Couples
Romantic or marital relationships between two individuals of the same gender.
Exchange of Property
The act of giving something of value to someone else in return for another item or service.
Authority
The power or right to give orders, make decisions, and enforce obedience.
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