Materiality refers to:
AAuditor's fee
BThe threshold above which omissions/misstatements could influence users' decisionsCORRECT
CHeavy assets
DLong contracts
ACCAAudit & Assurance
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
Materiality is judged by quantitative and qualitative factors that could affect user decisions.
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