Your senior auditor approved the planning materiality you just established. You are now preparing to establish your performance materiality for accounts payable and revenue. Your senior auditor tells you that the materiality judgement for accounts payable is 50%, and the materiality judgement for revenue is 65%. What is the performance materiality for accounts payable and revenue? Show your work.   Your work should show: APPROPRIATE AMOUNT x AP MATERIALITY JUDGEMENT = AP PERFORMANCE MATERIALITY APPROPRIATE AMOUNT x REVENUE MATERIALITY JUDGEMENT = REVENUE PERFORMANCE MATERIALITY

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