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Materiality is used only at the planning stage of the audit.
Ans: I disagree with the statement because:
When planning the audit, the auditor considers what would make the financial information materially misstated. The auditor's assessment of materiality and audit risk is used not only at audit planning stage rather it is also applied at evaluating the results of the audit procedures.
Tack coat - emulsified asphalts vs. cutback asphalts Emulsified asphalt is a suspension of asphalt in water by employing an emulsifying agent that imposes an electric charge o
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