It would appear that the quantification of materiality levels and the residual risk which is to be

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It would appear that the quantification of materiality levels and the residual risk which is to be dealt with by substantive testing are the most difficult aspects of designing a statistical sample. Given the developments of expert systems, discuss the benefits which could be obtained from automating these decisions. If such a system is feasible, should it be left to individual firms, or should the accountancy profession become involved in its development?

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