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i need help with an auditing question. here is the file I am sedning My email adress is m..s@att.net An audit senior has made the

i need help with an auditing question. here is the file I am sedning My email adress is m..s@att.netimage text in transcribed

An audit senior has made the following changes to the accounts receivable and accounts payable statistical sampling plans submitted by a staff accountant. How will each of these changes affect the sample size? Answer Reduce both the tolerable misstatement and the expected A. Indeterm misstatement. inate Read Answer Items for Question 1 Decrease the assessed risk of material misstatement. Read Answer Items for Question 1 Increase the population variability. Read Answer Items for Question 1 Change from blank confirmation forms to confirmations that state the balance. Read Answer Items for Question 1 Increase the tolerable misstatement. Read Answer Items for Question 1 Decrease both the expected misstatement and the assessed risk of material misstatement. Read Answer Items for Question 1 Increase the population to include another category of payables. Read Answer Items for Question 1 Decrease the population variability. Read Answer Items for Question 1 B. Decrease C. Increase D . No effect

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