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The Amount by Which a Projected Misstatement in an Account

Question 72

Multiple Choice

The amount by which a projected misstatement in an account balance or class of transactions differs from an actual misstatement as a result of the sample not being representative of the population would typically arise from:


A) A misunderstanding of accounting principles.
B) Sampling risk.
C) Management override of an internal control policy or procedure.
D) Risk of incorrect acceptance.

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