Outrageously Funny Word Dictionary :: Materialities

👉 The term "materiality" refers to the importance or significance of a particular substance, object, or item in relation to its use. It is often used in accounting and financial analysis to measure the value of assets, liabilities, income, expenses, and other aspects of an organization's operations. Materiality can be determined through various methods such as using ratios, comparison with industry standards, and using market data.

materialities