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CHAPTER 9 Audit Sampling

CHAPTER 9 Audit Sampling

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9–2 Sampling risk is the possibility that the auditors will make an erroneous decision based on a sample result. To control sampling risk the auditors increase the size of their samples. ... causes inefficiency in the audit process, but does not cause the auditors to overlook material misstatements in the financial statements. The risk of ...

  Samples, Audit

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