The silver oxide cell is really the ideal successor to mercury batteries, and is superior in a number of ways. It has a higher capacity than mercury cells for a given size. These cells are rated at 1.55 volts. Their construction is very similar to mercury cells, the cathode material being the main difference. Advantages Constant voltage over its useful life. Contains no chemicals harmful to the environment. Basically superior in all ways over mercury cells.
Materiality is a key concept in accounting because it helps accountants and auditors in deciding which figures need separate reporting and what is the maximum amount above which errors or omissions should be avoided at all costs. Deciding whether a piece of information is material or not requires considerable judgment.
Materiality is a concept or convention within auditing, accounting, and securities regulation relating to the importance/significance of an amount, transaction, or discrepancy.nformation is material if its omission or misstatement could influence the economic decision of users taken on the basis of the financial statements. Materiality depends on the size of the item or error judged in the particular circumstances of its omission or misstatement.