ACP AUDITING - RISK BASED APPROACH
ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
Question
Book Icon
Chapter 7, Problem 2TFQ
To determine

Introduction: It is about the performance materiality with relation to overall materiality.

To explain: The relative importance of performance materiality in comparison with overall materiality and the contribution in judgment for determining the extent of audit evidence required.

Blurred answer
Students have asked these similar questions
Subject general accounting
Big Company purchased Small Company for $1,450,000. Small Company had assets with a fair value of $1,150,000, and liabilities with a fair value of $200,000. Use this information to determine the dollar value of good will.
A $2,000 bond issued in 2018 pays $180 in interest each year. What is the current yield on the bond if it can be purchased for $1,500?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub