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auditors often find necessary to draw conclusions about the fairness of financial statement assertions based...

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Accounting

auditors often find necessary to draw conclusions about the fairness of financial statement assertions based on examinations of samples of the records and transactions. however, a sample result can lead to an incorrect conclusion due to sampling error and/or non sampling error. (a) explain sampling error and non sampling error. (b) discuss factors that auditors consider when using judgement to determine an appropriate sample size

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