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Q29 Statistical sampling may be used to test the effectiveness of controls. The auditors procedures should result in a statistical conclusion about A. The relation

Q29

  1. Statistical sampling may be used to test the effectiveness of controls. The auditors procedures should result in a statistical conclusion about

    A.

    The relation of the population deviation rate to the tolerable rate.

    B.

    Monetary precision exceeding a certain predetermined amount.

    C.

    Population characteristics occurring at least once in the population.

    D.

    The population value not being misstated by more than a fixed amount.

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