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After planning the sample, selecting the sample and performing the tests it is necessary to evaluate the results.This final stage requires the auditor to consider the qualitative aspects of the errors that were found and to project errors to the population and conclude on the audit test.Explain what is involved in these two final steps of sampling.
Overgeneralization
The cognitive bias of applying a general rule too broadly, ignoring exceptions or variations.
Working Class
A social group consisting of people who are employed in low-paying wage jobs, often involving manual or industrial labor, and lacking significant economic or political power.
Blue Jeans
A type of casual pants made from denim, originally designed as workwear but now widely worn for various occasions.
Slacks
is a term commonly used to refer to pants that are relatively formal, not jeans, and typically worn in professional or business settings.
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