Question: Define the term confidence level. What is the relationship between the confidence level the auditor selects and the intended reliance on the clients system of

Define the term confidence level. What is the relationship between the confidence level the auditor selects and the intended reliance on the client’s system of internal control ?

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The confidence level in the context of auditing refers to the degree of assurance or certainty that auditors have in the results of their audit proced... View full answer

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