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The auditor tested a sample of recorded sales invoices for evidence of credit approval. Based on the results of the sample, the auditor concluded that
The auditor tested a sample of recorded sales invoices for evidence of credit approval. Based on the results of the sample, the auditor concluded that there was a satisfactory rate of approvals. Unknown to the auditor, credit approvals in the population were not satisfactory. This would be an example of: A. Risk of assessing control risk too low B. Risk of assessing control risk too high C. Risk of incorrect acceptance D. Risk of incorrect rejection
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