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Nable person would have been changed or influenced by the omission or misstatement of information, then that information is, by definition of FASB Statement No. 2: A) relevant. B) material. C) significant. D) insignificant. 1) 2) The preliminary judgment about materiality is the amount by which the auditor believes the statements could be misstated and still not affect the decisions of reasonable users. A) mean average B) minimum C) median average D) maximum 2) 3) Auditors are respo.

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