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If the total projected error in an account balance was $3,248 and the tolerable error was set at $10,000, the auditor would: conclude that the
If the total projected error in an account balance was $3,248 and the tolerable error was set at $10,000, the auditor would:
- conclude that the errors detected are not material.
- conclude that the errors uncovered are material.
- decide that further audit work was required.
- conduct other tests aimed at the assertion being teste
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