One of the partners at your firm has asked you to develop an office training...
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Accounting
One of the partners at your firm has asked you to develop an office training presentation to familiarize your audit team with sampling models that can be used for auditing monetary balances. The partner wants you to include the following information in your presentation:
The relationship of sample sizes to population sizes.
Estimated population exception rate.
The acceptable guidelines for establishing tolerable misstatement.
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