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.
The answer is false. President Coolidge did something about lynching, attention to education, minimum wages for women workers and other progressive measures. But my instincts tell me that he did.
Culture-bound syndromes are a form of psychological <span>disorders that are found only in particular cultures.
For example, in Japanese culture, there is common disorders known as hikikomori which make many young and able Japanese men to fear going outside their house because of their desire to disconnect with society.</span>
All of the above because they are not just for emergency cars or something they all are used for other things too
Declaring war and coining money are considered
state rights
implied powers
national rights
expressed powers God bless