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To Calculate the Estimate of the Likely Misstatement of a Total

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To calculate the estimate of the likely misstatement of a total population, the auditor makes a direct projection of the known misstatement from the sample to the population, and subtracts an estimated allowance for sampling risk.


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A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant advancements in technology, manufacturing, and transportation.

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The historical and ongoing advancement of computer technology, from early mechanical calculators to modern digital computers.

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