Based on the information in the preceding question, the audit team determined that the allowance for sampling

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Based on the information in the preceding question, the audit team determined that the allowance for sampling risk was
a. 2.2%.
b. 5.0%.
c. 7.8%.
d. 10.0%.

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Question Posted: Oct 27, 2014 06:11 AM

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Based on the information in the preceding question, the audit team determined that the allowance for sampling

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a Incorrect The audit team noted 7 deviations in the 90 items examined therefore the sample rate of ...View the full answer

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