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During the Final Planning of the Accounts Receivable Plan a CPA

Question 75

Multiple Choice

During the final planning of the accounts receivable plan a CPA specified a tolerable misstatement of $30,000,instead of the $20,000 contained in the preliminary audit plan.What would be the impact of this change?


A) A decrease in population standard deviation.
B) An increase in sample standard deviation.
C) An increase in required sample size.
D) A decrease in the required sample size.

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