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Scaramouche is auditing the accounts receivable balance of Fandango Ltd. She has decided to use a non-statistical sample in confirming customer accounts. From the sampling

Scaramouche is auditing the accounts receivable balance of Fandango Ltd. She has decided to use a non-statistical sample in confirming customer accounts. From the sampling tables she has calculated sampling error to be 6%.

What is sampling error? Comment on Scaramouche's approach to calculating sampling error.

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