Question: In using audit sampling for exception rates A . sampling error is the likelihood that the auditor will miss a monetary misstatement. B . the
In using audit sampling for exception rates
A sampling error is the likelihood that the auditor will miss a monetary misstatement.
B the upper limit of the interval estimate is known as the sampling risk.
C the computed upper exception rate CUER cannot be considered in the context of specific audit objectives.
D the auditor wants to know the most the exception rate is likely to be
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