As stipulated in the Conceptual Framework 2018, materiality is therefore an entity-specific aspect to ensure relevant information based on the _______ or _______ of items to which the information relates. Fill in the correct words to complete the sentence? 1) disclosure or amount 2) value or balance 3) nature or magnitude 4) faithful presentation or completeness

As stipulated in the Conceptual Framework 2018, materiality is therefore an entity-specific aspect to ensure relevant information based on the _ or _ of items to which the information relates. Fill in the correct words to complete the sentence? 1) disclosure or amount 2) value or balance 3) nature or magnitude 4) faithful presentation or completeness

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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