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The decision rule for classical variable sampling is "Accept the conclusion that the account is not misstated by a material amount if

A. the upper misstatement limit is greater than the confidence level.

B. the upper misstatement limit is greater than the tolerable misstatement.

C. the upper misstatement limit is greater than the population size.

D. If both the lower and upper limits are within the bounds of tolerable misstatement

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92301294

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