Materiality is important because if financial statements are materially misstated, users' decisions may be affected, and thereby cause financial loss to them. It is difficult to apply because there are often many different users of the financial statements is the correct statement for the difficulty of applying the materiality in practice.
Answer: Option C
<u>Explanation:</u>
Materiality is important but difficult to apply in practice because the user’s decisions may be hugely affected if the financial statements are misstated materially and this may cause a loss.
It is also very difficult in applying in practice due to having many different users of the financial statements. Making an assessment of the users is compulsory by the auditors and use the application of the materiality.
According to the broken windows theory, <span>Social context tends to encourage or discourage social deviance, such as committing crime
Social context often give them a cause that justify all of their behaviors, even though it broke the law.
For example,in recent months, many people felt encouraged to do vandalism acts in the context of protesting newly elected united states' president.</span>
Shock, explosions, electrocution
Answer: In order to repopulate the city, he deported Muslim and Christian groups in Anatolia and the Balkans and forced them to settle in Constantinople. He restored the Greek Orthodox Patriarchate (January 6, 1454) and established a Jewish grand rabbi and an Armenian patriarch in the city.
Answer:
A) A set of boundaries or constraints that tend to complicate the rational decision-making process.
