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06-06-2023
Business

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MNE and Associates is auditing Blanchard Company. MNE has decided to use a materiality threshold of 5% of earnings before income tax as a benchmark. If income (earnings) before income tax was $33 million, what would be the amount of planning materiality?
Group of answer choices
$34.65 million
$660,000
$31.43 million
$1.65 million

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