Multiple Choice
In a classical variables sampling application,if the _____ exceeds the maximum difference between the recorded balance and any point within the precision interval,the auditor would decide to _____ the account balance as fairly stated.
A) sample estimate; accept
B) sample estimate; reject
C) tolerable misstatement; accept
D) tolerable misstatement; reject
Correct Answer:
Verified
Correct Answer:
Verified
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