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4. An advantage of statistical sampling over nonstatistical sampling is that with statistical sampling a. An auditor eliminates the risk of nonsampling errors. b. An
4. An advantage of statistical sampling over nonstatistical sampling is that with statistical sampling a. An auditor eliminates the risk of nonsampling errors. b. An auditor reduces audit risk to a relatively low level. c. An auditor measures- in conformance with the norms of the discipline of Statistics- the sufficiency of the evidence obtained. d. An auditor minimizes the failure to detect errors and fraud
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