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Using PPS if the projected misstatement is $10K, basic precision if $15K, Incremental allowance is $7K, expected misstatement is $4K, and if tolerable misstatement
Using PPS if the projected misstatement is $10K, basic precision if $15K, Incremental allowance is $7K, expected misstatement is $4K, and if tolerable misstatement is $34K the sample fails. True False
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
