Question: Is this correct? When evaluating sample results auditors calculate Most Likely Error (MER), supplemented by calculating an estimate of ........ If ------ ... is less

Is this correct?

Is this correct? When evaluating sample results auditors calculate Most Likely Error

When evaluating sample results auditors calculate Most Likely Error (MER), supplemented by calculating an estimate of ........ If ------ ... is less than tolerable error, the auditors can accept the population. If the remains above the tolerable error, the auditors carry out extended or alternative procedures. The missing phrase is: A Monetary unit B Upper Error Rate C Lower Error Rate D Materiality

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