The auditors from the above example would like to maintain the probability of investigation to 5%. Which
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Question:
The auditors from the above example would like to maintain the probability of investigation to 5%. Which of the following represents the minimum number transactions that they should sample if they do not want to change the thresholds of 45 and 55? Assume that the sample statistics remain unchanged.
A. 144.
B. 150.
C. 196.
D. 250.
E. Not enough information.
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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