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.
Answer:
1. egocentric
Explanation:
The Preoperational Stage
Ages: 2 to 7 Years
Major Characteristics and Developmental Changes:
Children begin to think symbolically and learn to use words and pictures to represent objects.
Children at this stage tend to be egocentric and struggle to see things from the perspective of others.
While they are getting better with language and thinking, they still tend to think about things in very concrete terms.
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:
Wrinkled peas need to have genotype rr
Explanation:
since the wrinkled trait (r) is recessive.
