Question: The flowchart in Figure 21-8 shows the simulation program iterating 1,000 times. Why is it necessary to iterate 1,000 times through the year's transactions? Outline

The flowchart in Figure 21-8 shows the simulation program iterating 1,000 times. Why is it necessary to iterate 1,000 times through the year's transactions? Outline one method auditors might use to determine whether 1,000 iterations is enough.

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