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Good day! This is related to Auditing and I can't find this subject on the options listed so I chose Accounting since it is related
Good day! This is related to Auditing and I can't find this subject on the options listed so I chose Accounting since it is related to one another. I have THREE important question to ask and I hope you can help me. I badly need these to be answered. 1.) Do you think auditors are likely to encounter exceptions during real world audit? What procedures would the auditor perform in the event of a customer disagreeing with the information on the confirmation request? 2.) If the audit team elected to set alpha at 0.20, is this an appropriate level? why or why not? 3.) How does changing alpha or beta influence the size of the sample? describe the relationship between sample size and sampling risk
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