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    Auditing and Assurance Services Study Set 2
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    Exam 15: Audit Sampling for Tests of Controls and Substantive Tests of Transactions
  5. Question
    The Auditor Uses Professional Judgment in Establishing the Tolerable Exception
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The Auditor Uses Professional Judgment in Establishing the Tolerable Exception

Question 136

Question 136

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The auditor uses professional judgment in establishing the tolerable exception rate for an attribute being tested in a population.

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