The Formula for Nonstatistical Sampling for Tests of Account Balances

question 33

Multiple Choice

The formula for nonstatistical sampling for tests of account balances provided by the AICPA

• A) Must be used for nonstatistical sampling.
• B) Includes a provision for the risk of incorrect acceptance.
• C) Is affected by the nature of other substantive procedures used to test the account balance.
• D) Is largely based on the variation of items in the account.

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