Difference between revisions of "Pop Quiz Materiality"
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(Created page with " : '''Answer''': ''Company B''. It's at a much earlier stage in its organizational life cycle. Its net income is likely much lower so smaller swings in net income would have...") |
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− | + | : '''Answer''': ''Company B''. | |
− | + | :* It's at a much earlier stage in its organizational life cycle. | |
− | : '''Answer''': ''Company B''. It's at a much earlier stage in its organizational life cycle. | + | :* Therefore its <u>net income</u> is likely much lower so smaller swings in net income would have a proportionately greater impact on decision-making ''(versus Company A.)'' |
Revision as of 17:50, 12 March 2019
- Answer: Company B.
- It's at a much earlier stage in its organizational life cycle.
- Therefore its net income is likely much lower so smaller swings in net income would have a proportionately greater impact on decision-making (versus Company A.)