McqMate
| Q. |
Which of the following statements is false? |
| A. | Planning materiality may be set at a lower level than reporting materiality |
| B. | It is easier to plan for errors material by nature |
| C. | At the planning stage, the audit team is concerned primarily with materiality by value |
| D. | Materiality by context is easy to assess at the planning stage |
| Answer» D. Materiality by context is easy to assess at the planning stage | |
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