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The examination of all of an entity's transactions would make an audit very costly . Thus, auditors rely heavily on sampling as a way to
The examination of all of an entity's transactions would make an audit very costly Thus, auditors rely heavily on sampling as a way to obtain evidence. Which of the following would result in a smaller sample?
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A decrease in the materiality level.
An increase in the desired level of assurance.
An assessment that the account being audited is high risk.
A decrease in the desired level of assurance.
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