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An auditor wanted to test credit approval on 1 0 , 0 0 0 sales invoices processed during the year. The tolerable rate of deviation
An auditor wanted to test credit approval on sales invoices processed during the year. The tolerable rate
of deviation is The expected population deviation rate is A sample of invoices was examined
and of them were lacking approval. The auditor then determined that the upper limit rate of deviation to be
The allowance for sampling risk was: Note: You do not need the risk of overreliance in order to solve this
problem
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