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An auditor using nonstatistical sampling cannot formally measure sampling error and therefore must ...
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An auditor using nonstatistical sampling cannot formally measure sampling error and therefore must ...
An auditor using nonstatistical sampling cannot formally measure sampling error and therefore must subjectively consider the possibility that the true population misstatement exceeds a tolerable amount. Which of the following factors should be considered by the auditor in making this assessment?
▸
The dollar difference between the point estimate and tolerable misstatement
The extent to which items in the population have been audited 100 percent
Yes
Yes
▸
The dollar difference between the point estimate and tolerable misstatement
The extent to which items in the population have been audited 100 percent
No
No
▸
The dollar difference between the point estimate and tolerable misstatement
The extent to which items in the population have been audited 100 percent
Yes
No
▸
The dollar difference between the point estimate and tolerable misstatement
The extent to which items in the population have been audited 100 percent
No
Yes
Textbook
Auditing and Assurance Services
Edition:
17
th
Authors:
Arens, Elder, Beasley, Hogan
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The dollar difference between the point estimate and tolerable misstatement
The extent to which items in the population have been audited 100 percent
Yes
Yes
1
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