Question: Various factors influence the sample size for a substantive test of details of an account balance. All other factors being equal, which of the following
Various factors influence the sample size for a substantive test of details of an account balance. All other factors being equal, which of the following would lead to a larger sample size?
Multiple Choice
Smaller measure of tolerable misstatement.
Greater reliance on analytical procedures.
Smaller expected frequency of misstatements.
Lower assessment of control risk.
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