Question 2b
Marking Guide
up to 1 mark per valid point: | |
| – isa 320 (1/2 mark only for isa ref) | |
| – defi nition | |
| – amount | |
| – nature, or both | |
| – small errors aggregated | |
| – judgement, needs of users | |
| – performance materiality | |
| – 5% profi t before tax or 1% revenue | 5 |