The primary advantage of selecting the largest transactions within a balance to test is: (a) It is

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The primary advantage of selecting the largest transactions within a balance to test is:

(a) It is an example of random sampling.

(b) It is more interesting for the auditor because they see the most important transactions in detail.

(c) That the auditor is able to draw a conclusion about the entire balance based on the conclusions they reached by testing the largest transactions.

(d) All of the above.

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Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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Question Posted: Apr 05, 2019 12:06 PM

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The primary advantage of selecting the largest transactions within a balance to test is: (a) It is

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c That the auditor is able to ...View the full answer

Auditing A Practical Approach

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