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06] Identify the type statistical sampling applicable to the sampling statements noted below. Sampling Statement a. Most frequently used to determine if account balances are
06] Identify the type statistical sampling applicable to the sampling statements noted below. Sampling Statement a. Most frequently used to determine if account balances are materially misstated. Type Statistical Sampling b. Most commonly used to audit internal controls over financial reporting. c. Estimates the proportion of a population that possesses a "specified characteristic". d. Estimates the amount of misstatement in a class of transactions or an account balance
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