For each of the following independent statements, state whether you agree or disagree with the statement and
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Question:
For each of the following independent statements, state whether you agree or disagree with the statement and explain your answer. Required
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The tolerable deviation rate varies inversely with sample size.
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Inspection of signatures on time cards is an example of attribute sampling.
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Sampling error occurs when an auditor incorrectly interprets the results of the sample.
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Statistical and non statistical sampling allow the auditor to quantify sampling risk.
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It is the auditor's responsibilities to ensure that an external expert engaged to support that audited
financial statements has the appropriate qualifications and reputation within their field of expertise.
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