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Other factors equal when planning a monetary unit sample, which of the following is true regarding the maximum tolerable misstatement (M)? a. M is based
Other factors equal when planning a monetary unit sample, which of the following is true regarding the maximum tolerable misstatement (M)?
a. | M is based on the sample results. | |
b. | the larger M is, the lower the confidence. | |
c. | the larger M is, the smaller the sample. | |
d. | the larger the expected misstatement, the smaller M is. |
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