Assume the acceptable risk of incorrect rejection is .10, the acceptable risk of incorrect acceptance is .075,

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Assume the acceptable risk of incorrect rejection is .10, the acceptable risk of incorrect acceptance is .075, and tolerable error is $100,000. What is the desired allowance for sampling risk?

a. $50,000.

b. $47,800.

c. $53,200.

d. Indeterminate.

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Auditing And Assurance Services

ISBN: 9780538869522

5th Edition

Authors: David Ricchiute

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Question Posted: May 04, 2024 02:01 AM

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Assume the acceptable risk of incorrect rejection is .10, the acceptable risk of incorrect acceptance is .075,

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Auditing And Assurance Services

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