What is meant by materiality for hypothesis testing using difference estimation ? Explain how the auditor decides
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What is meant by materiality for hypothesis testing using difference estimation ? Explain how the auditor decides what is material and the effect of the decision on the required sample size.
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In the context of hypothesis testing using difference estimation materiality refers to the magnitude of the difference or effect that is considered significant or meaningful from a practical or substa...View the full answer
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Related Book For
Applications Of Statistical Sampling To Auditing
ISBN: 9780130391568
1st Edition
Authors: Alvin A. Arens, James K. Loebbecke
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