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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 12
In classical variables sampling, which of the following must be known in order to estimate the appropriate sample size required to meet the auditor's needs in a given situation?
A) The qualitative aspects of misstatements.
B) The total dollar amount of the population.
C) The acceptable level of risk.
D) The estimated percentage of deviations in the population.
A) The qualitative aspects of misstatements.
B) The total dollar amount of the population.
C) The acceptable level of risk.
D) The estimated percentage of deviations in the population.
Explanation
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Verified
Justification :
To estimate the appropri...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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