What Is the Primary Objective of Testing All Individually Significant

question 24

Multiple Choice

What is the primary objective of testing all individually significant items rather than sample testing?

• A)To increase the audit risk at which a decision will be reached from the results of the sample selected.
• B)To increase sample size.
• C)To accept no sampling risk for items greater than tolerable misstatement.
• D)To increase the size of the confidence bound around the projected misstatement.

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