Question: The auditor must quantify the following parameters when using MUS sampling: 1. Tolerable misstatement 2. Expected misstatement 3. Risk of incorrect acceptance Required Describe each

The auditor must quantify the following parameters when using MUS sampling:
1. Tolerable misstatement
2. Expected misstatement
3. Risk of incorrect acceptance
Required
Describe each of these parameters and how they can be determined by the auditor.

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