Question: 20. a. List and explain the advantages of using statistical sampling. b. How does the CPA use and apply professional judgment when using statistical sampling

20.

a. List and explain the advantages of using statistical sampling.

b. How does the CPA use and apply professional judgment when using statistical sampling for the test of controls.

c. When testing controls the CPA determines that the deviation rate exceeds the tolerable rate. What course of action would the CPA normally take?

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