alexislikespie9827 alexislikespie9827
  • 24-08-2018
  • Social Studies
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Define the meaning of the term materiality as it is used in accounting and auditing.

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shagojyo
shagojyo shagojyo
  • 28-08-2018

In layman’s terms, the meaning of materiality in the context of accounting and auditing is the seriousness of an exclusion or inaccurate accounting information that may result in a person’s judgement, wherein his or her judgement may be different if the accounting information was accurate and not omitted.

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