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Why do auditors use a sampling approach? Auditors must limit their procedures to maintain their independence. The amount of testing required to achieve absolute
Why do auditors use a sampling approach? Auditors must limit their procedures to maintain their independence. The amount of testing required to achieve absolute assurance is generally inefficient and costly. Auditors are experts and do not need to test in order to give an opinion on financial statements. Sampling is necessary to provide absolute assurance over financial statements.
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