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You are an auditor on an engagement that is in the substantive procedures phase of the audit. The sampling method that you would use to

You are an auditor on an engagement that is in the substantive procedures phase of the audit. The sampling method that you would use to examine a population when you want to estimate a continuous amount (or value) of the population is

Select one:

a.Attributes samplingb.Balance samplingc.Discovery samplingd.Variables sampling

The _________is the amount at which an item would be recorded assuming no mistakes in judgment or incorrect applications of generally accepted accounting principles were made.

Select one:

a.Audited valueb.Expected errorc.Recorded valued.Tolerable misstatement

You are an auditor on an engagement performing substantive procedures for the revenue and collection cycle. You send out accounts receivable confirmations to your clients customers. Confirmations provide evidence of _________.

Select one:

a.Existenceb.Valuation or allocationc.Rights and obligationsd.Completeness

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