Auditing and Assurance Services, Student Value Edition (16th Edition)
Auditing and Assurance Services, Student Value Edition (16th Edition)
16th Edition
ISBN: 9780134075754
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
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Chapter 8, Problem 19RQ
To determine

Describe using benchmarks for setting up preliminary judgments about materiality. Explain how benchmarks differ for the manufacturing company’s audit and government unit such as school district.

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