In a Classical Variables Sampling Application,if the _____ Exceeds the Maximum

question 64

Multiple Choice

In a classical variables sampling application,if the _____ exceeds the maximum difference between the recorded balance and any point within the precision interval,the auditor would decide to _____ the account balance as fairly stated.

• A)Sample estimate; accept.
• B)Sample estimate; reject.
• C)Tolerable misstatement; accept.
• D)Tolerable misstatement; reject.

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Definitions:

Print Preview

A function in printing software that displays a document as it would appear on paper before actually printing it.

Temporary Storage

A holding area for data or files that is used for a limited period before deletion or for transferring data.

Clipboard

A temporary storage area in computing for holding information that the user wants to copy from one place to another.

Backstage

In Microsoft Office applications, a view that provides access to file and information management features, such as saving, opening, and printing documents.