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Which is the definition of materiality

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Reference no: EM132767308

Problem 1: Which of the following is the definition of "materiality"?

A Accounting
information is material if its omission would constitute fraud

B Accounting information is material if it would affect a company's share price

C Accounting information is material if its error or omission might alter a decision by a user of the accounts

D Accounting information is material if it has to be disclosed by accounting regulations

Reference no: EM132767308

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