When Monetary- Unit Sampling Has Been Concluded and the Population

question 47

Multiple Choice

When monetary- unit sampling has been concluded and the population is not considered acceptable, which one of the following courses of action would NOT be appropriate for the auditor?

• A) Increase the sample size to see if this may satisfy the auditor's tolerable misstatement requirements.
• B) Request the client to correct the population.
• C) Refuse to give an unqualified opinion.
• D) Increase the tolerable misstatement amounts so that the error bounds are acceptable.

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Definitions:

Nursing Aide

A healthcare worker specializing in assisting nurses and caring for patients, often providing essential daily care activities.

Vocational Nurse

A nurse who has completed a practical nursing program and is licensed to provide basic care under the supervision of registered nurses or doctors.

Medical Assistant

A healthcare professional who supports the work of physicians and other health professionals, typically in a clinic setting.

Plastic Surgeon

A specialist who reconstructs, corrects, or improves body structures.