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In: AccountingMateriality (AU-C 320, AS 2105) – Materiality in Planning andPerforming an Audit Using the 12/31/14...Materiality (AU-C 320, AS 2105) – Materiality in Planning andPerforming an Audit Using the 12/31/14 Apollo trial balancescalculate preliminary materiality for the financial statements as awhole using the following approaches: 5.0% of pre-tax income 0.5%of total assets 1.0% of equity 0.5% of total revenues Based on yourengagement planning analysis, which preliminary materiality measurewould you recommend?
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