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The estimate for sampling error results because the auditor has sampled only a portion of the population. Sampling error represents the:

A. maximum misstatements in the audited accounts.

B. minimum misstatements in the audited accounts.

C. maximum misstatements in accounts not audited.

D. minimum misstatements in accounts not audited.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9434732

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