When using audit sampling for tests of details of balances, the acceptable risk of overreliance must be determined.
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Q50: In stratified sampling, a maximum of four
Q51: An auditor using nonstatistical sampling cannot formally
Q52: Estimated misstatement in the population and sample
Q53: Tolerable misstatement is inversely related to sample
Q54: Auditors may find that the use of
Q56: There are 14 steps to audit sampling
Q57: The purpose of stratification is to permit
Q58: ARIA measures the auditor's desired assurance for
Q59: If the misstatement in a population is
Q60: Required sample size increases as the auditor's
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