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8. If no exceptions were found in the substantive tests of
transactions:
9. When the sample selection is done using probability
proportional to size sample selection (PPS):
10. When using monetary unit sampling, the recorded dollar
population is a definition of all the items in the:
11. When defining the population and the sampling unit for tests of
details of balances:
12. If an auditor concludes that internal controls are likely to be
effective, the preliminary assessment of control risk can be reduced,
leading to which of the following impacts on the acceptable risk of
incorrect acceptance?
13. If acceptable audit risk is increased, acceptable risk of incorrect
acceptance should be:
14. The word below that best explains the relationship between
required sample size and the acceptable risk of incorrect acceptance
is:
15. The risk the auditor is willing to take of accepting a balance as
correct when the true misstatement in the balance under audit is
greater than the tolerable misstatement is:
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ACC 403 Week 10 quiz 8
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