An Item That Is Considered Material Due to Its Magnitude

question 23

Multiple Choice

An item that is considered material due to its magnitude is referred to as being:

• A)Of no interest to the auditor.
• B)Quantitatively material.
• C)Qualitatively material.
• D)None of the above.

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Definitions:

Government Jobs

Employment positions offered by the state, local, or federal government, often providing stability and benefits.

Japan

An island country located in East Asia, known for its rich culture, technological advancements, and historical significance.