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    Auditing and Assurance Services Study Set 1
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    Exam 17: Audit Sampling for Tests of Details and Balances
  5. Question
    Acceptable Audit Risk (AAR) and Acceptable Risk of Incorrect Acceptance
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Acceptable Audit Risk (AAR) and Acceptable Risk of Incorrect Acceptance

Question 49

Question 49

True/False

Acceptable audit risk (AAR) and acceptable risk of incorrect acceptance (ARIA) are inversely related; that is, as AAR increases, ARIA decreases.

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